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There are two types of dependents: Qualifying Child and Qualifying Relative. There's no income requirement specified for being claimed as a Qualifying Child. Instead, the person claiming the Qualifying Child provides over half of the child's support.
A child who isn't eligible as a Qualifying Child may meet the requirements of Qualifying Relative. There's a gross income requirement of less than $3,500.00 in 2008 ($3,650.00 in 2009) for Qualifying Relative, in addition to receiving over half of his/her support from the person claiming the dependent exemption.
For more information, go online at www.irs.gov/formspubs. Select Publication Number. Enter 501 to read/print Publication 501 (Exemptions, Standard Deduction and Filing Information.
What else can I help you with?
Can a girlfriend be claimed as a dependent on federal income taxes?
archers daniel midland
Can you still put your 18 year old son on your income tax if he is still in the 11th grade?
If he lives at home and doesn't work, he can be claimed as a dependent.
Can a dependent earn too much to be claimed on your tax return?
A "dependent" who supports themselves isn't really your dependent, and therefore can't be claimed as one.
Can you still get a income tax return if you are claimed as a dependent?
Yes. Still file a tax return so that you can get any refund that you are entitled to. Make sure to mark on the return that you can be claimed as a dependant so that it is not rejected by the IRS.
Does a 17 year old file a tax return?
Generally, they are claimed as a dependent and included with their parents. However, if that isn't the case, and they made income, they would need and want to. See the q; How much income do you have to earn before you file income tax
How much can a dependent earn before no longer being claimed as a dependent?
Generally if the dependent has gross income of $3,950 or more for 2014, they cannot be claimed as a dependent.
Can a girlfriend be claimed as a dependent on federal income taxes?
archers daniel midland
Can a parent be a legal dependent?
If you are responsible for more than 50% of their support, they are a dependent and can be claimed on your income tax as such.
When applying for a student loan are you an independent since your grandmother claimed you on taxes?
If you were claimed by your grandmother on her income taxes that would classify you as a dependent.
When can you not be claimed as a dependent?
You cannot be claimed as a dependent if you provide more than half of your own financial support, are not a qualifying child of another taxpayer, and have a gross income above a certain threshold set by the IRS.
Can a college student that is claimed as a dependent on parents tax form get a refund?
Yes, a college student who is claimed as a dependent on their parents' tax return can still receive a refund if they have earned income and file their own tax return. If their income is below the taxable threshold or if they qualify for tax credits like the Earned Income Tax Credit, they may receive a refund even though they are a dependent. However, the dependent status affects their eligibility for certain tax credits.
How old do you have to be to get a loan for college on your own in Missouri?
If you are still living at home while in college your parents income will be counted, so you have to be totally independent and NOT claimed on your parents taxes as a dependent. So, it isn't dependent on age, but income.
How does being claimed as a dependent affect eligibility for food stamps?
Being claimed as a dependent can affect eligibility for food stamps because the income and resources of the person claiming you may be considered when determining your eligibility. This means that if the person claiming you has a higher income, it could impact your ability to qualify for food stamps.
Can a grandmother carry her unborn grandchild on her income texes?
An unborn child is not eligible to be claimed as a tax deduction. They have to be born first. And they have to have a social security number. As long as they are born before midnight on December 31st of the year, they can be claimed as a dependent for the entire year.
Can a sixteen year old claimed their own income taxes?
Yes. If a qualifying child dependent of another taxpayer the child will have to check the box on the 1040 income tax return that they are using indicating that they are being claimed as a dependent and would have to use the worksheet that is provided in the instruction book for the 1040 tax form that they are using. The QC would not be able to claim the exemption amount on child's own income tax return
Who claimed you as a dependent?
My Parents did.
Can a dependent earn too much to be claimed on your tax return?
A "dependent" who supports themselves isn't really your dependent, and therefore can't be claimed as one.
