You'll need to sign in or create an account to connect with an expert.
"Be sure to amend your return first as they will not be able to electronically file their return with you listed as a dependent since you have filed your return as if you were independent"
That's not exactly correct. It will takes months for your amended return to be processed. If your parents are going to claim you, e-filing is essentially no longer available to them. They have to file a paper return. But, they do not need to wait until your amended return is fully processed. They can file a paper return now. Their refund will take 6-8 weeks.
________________________________________________________________________
There are two types of dependents, "Qualifying Children"(QC) and standard ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, a relationship test and a residence test. Only a QC qualifies a taxpayer for the Earned Income Credit.
So, if you don't meet the QC rules (e.g. you're over age 23 or no longer live with your parents), at the other reply, a person can still be a Qualifying relative dependent, if not a Qualifying Child, if he meets the 6 tests for claiming a dependent:
In either case:
Yes, if they meet all of the other requirements.
They can claim you as a dependent if:
However, you will need to amend your return to show you can be claimed as a dependent on someone else's return should you determine you meet all of the requirements.
Be sure to amend your return first as they will not be able to electronically file their return with you listed as a dependent since you have filed your return as if you were independent.
"Be sure to amend your return first as they will not be able to electronically file their return with you listed as a dependent since you have filed your return as if you were independent"
That's not exactly correct. It will takes months for your amended return to be processed. If your parents are going to claim you, e-filing is essentially no longer available to them. They have to file a paper return. But, they do not need to wait until your amended return is fully processed. They can file a paper return now. Their refund will take 6-8 weeks.
________________________________________________________________________
There are two types of dependents, "Qualifying Children"(QC) and standard ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, a relationship test and a residence test. Only a QC qualifies a taxpayer for the Earned Income Credit.
So, if you don't meet the QC rules (e.g. you're over age 23 or no longer live with your parents), at the other reply, a person can still be a Qualifying relative dependent, if not a Qualifying Child, if he meets the 6 tests for claiming a dependent:
In either case:
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
bobbyhavana
New Member
Imbeau
Level 1
Askaway
New Member
DX-hound
Level 1
StackerP
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.