TT says I can't claim my Full Time student son who...
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twaflyingfisch
New Member

TT says I can't claim my Full Time student son who is 24 and made more than $4300 but doesn't pay for half his support. Is this correct or do I go to a cpa?

 
4 Replies
DoninGA
Level 15

TT says I can't claim my Full Time student son who is 24 and made more than $4300 but doesn't pay for half his support. Is this correct or do I go to a cpa?

If he is age 24 or older in 2020 then he no longer qualifies to be a dependent under the Qualifying Child rules.  He can only be claimed as a dependent under the Qualifying Relative rules which state that if the person has gross income of $4,300 or more they cannot be claimed as a dependent.

 

To be a Qualifying Relative -

1. The person cannot be your qualifying child or the qualifying child of any other taxpayer. A child is not the qualifying child of any other taxpayer if the child's parent (or any other person for whom the child is defined as a qualifying child) is not required to file an income tax return or files an income tax return only to get a refund on income tax withheld.
2. The person either (a) must be related to you or (b) must live with you all year as a member of your household.
3. The person's gross income for the year must be less than $4,300 (social security does not count) in 2020
4. You must provide more than half of the person's total support for the year.
5. The person must be a U.S. citizen or a U.S., Canada, or Mexico resident for some part of the year.
6. The person must not file a joint return with their spouse.

 

He aged out of the Qualifying Child rules -

 

To be a Qualifying Child -

1. The child must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them.
2. The child must be (a) under age 19 at the end of the year, (b) under age 24 at the end of the year and a full-time student or (c) any age and permanently and totally disabled.
3. The child must have lived with you for more than half of the year. Temporary absences while away at college are considered living with you.
4. The child must not have provided more than half of his or her own support for the year.
5. If the child meets the rules to be a qualifying child of more than one person, you must be the person entitled to claim the child as a qualifying child.
6. The child must be a U.S. citizen or U.S., Canada or Mexico resident for some portion of the year.
7. The child must be younger than you unless disabled.

xmasbaby0
Level 15

TT says I can't claim my Full Time student son who is 24 and made more than $4300 but doesn't pay for half his support. Is this correct or do I go to a cpa?

No---TT is correct.  If he was over 23 at the end of 2020 and had more than $4300 of income --not counting Social Security -- you cannot claim him.   He is neither a qualifying child nor a qualifying relative.

 

 

WHO CAN I CLAIM AS A DEPENDENT?

 

You can claim a child, relative, friend, fiance (etc.) as a dependent on your 2019 taxes as long as they meet the following requirements:

Qualifying child

• They are related to you.

• They cannot be claimed as a dependent by someone else.

• They are a U.S. citizen, resident alien, national, or a Canadian or   Mexican resident.

• They are not filing a joint return with their spouse.

• They are under the age of 19 (or 24 for full-time students).

    • No age limit for permanently and totally disabled children

        They live with you for more than half the year (exceptions apply).

Qualifying relative

• They don't have to be related to you (despite the name).

• They cannot be claimed as a dependent by someone else.

• They are a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.

• They are not filing a joint return with their spouse.

They lived with you the entire year.

• They made less than $4300  (not counting Social Security)

• You provided more than half of their financial support. More info

When you add someone as a dependent, we'll ask a series of questions to make sure you can claim them.

Related Information:

Does a dependent have to live with me?

What does "financially support another person" mean?

Can I claim a newborn baby?

 

 

 

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
VolvoGirl
Level 15

TT says I can't claim my Full Time student son who is 24 and made more than $4300 but doesn't pay for half his support. Is this correct or do I go to a cpa?

If he was 24 on dec 31 you can not claim him if he made more than 4,300.  Has to be under 24 and a full time student.  If he turned 24 during 2020 he is too old to claim full time student.

 

Who can I claim as a dependent?

https://ttlc.intuit.com/community/credits-and-deductions/help/who-can-i-claim-as-my-dependent/00/267...

 

Who you can claim article

https://turbotax.intuit.com/tax-tips/family/rules-for-claiming-a-dependent-on-your-tax-return/L8LODb...

Hal_Al
Level 15

TT says I can't claim my Full Time student son who is 24 and made more than $4300 but doesn't pay for half his support. Is this correct or do I go to a cpa?

Turning 24, in 2020, made him ineligible to be a Qualifying Child Dependent.  Making more than $4300, for the year, made him ineligible to be a Qualifying Relative Dependent.

 

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, student status, a relationship test and residence test. Only a QC qualifies a taxpayer for the Earned Income Credit and the Child Tax Credit. They are interrelated but the rules are different for each.

The support test is different for each type. The support test, for a QC, is only that the child didn't provide more than half his own support. The support test for a Qualifying Relative is that the taxpayer provided more than half the relative's support.

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