Can I reclaim 2007 tax? ?

Question

my mom visited us in 2007, I didn't apply tax id for her, so when I asked my accountant to do my tax, I didn't metion it. Now someone told me, if I claim it I could get around $3500, so can I reclaim 2007 tax now?

Answer 1

Please read IRS publication 501 and 519.

In order to claim your mother as your dependent, you must meet 5 tests.  Visiting you is generally NOT enough.

1. Related to you (met).

2. She's a resident alien for US tax purposes (probably not met).  

3. She's not filing a US MFJ return (met).

4. Her worldwide income is less than $3400 (probably not met).

5. Of her total support, you can prove that you paid more than half (probably not met).      

Answer 2

You can file an amended return for 2007 and get a refund if you have one coming.

BUT - if your mom just visited, and had no tax id, you can't claim her as a dependent.  And even if you could, your savings wouldn't be anywhere NEAR the $3500 you mention.  Depending on your tax bracket, would most likely be $500 or less if you COULD claim her.

Answer 3

need an ITIN for mom to do anything at all

it's not too late to file an amended 2007 return

a visit does not necessarily entitle you to take your mother's exemption, so read up on it first

and if you had no tax liability, you likely won't get anything else;  the $3500 is a subtraction from your gross income to get adjusted gross income, not a payment to you

Answer 4

You can file an amended tax return for 2007 on Form 1040X.  Go to www.irs.gov to download form and instructions.