I'm trying to determine if I could claim my partner as a dependent and have a question about line 1 on the IRS worksheet which states:
Enter the total funds belonging to the person you supported, including income received (taxable
and nontaxable) and amounts borrowed during the year, plus the amount in savings and other
accounts at the beginning of the year. Don't include funds provided by the state; include those
amounts on line 23 instead
1) Do I exclude the "state need grant" here from his financial aid or include it still since it's all part of his "grants and scholarships" (since the 1098-T doesn't separate these amounts in box 5 although it does in the section only provided to me -- He received federal pell grant, state need grant, and other tuition exemptions).
2) Do I include money I sent him or anything his parents sent him since it says to list even the nontaxable income (or do allowances not count as income of any sort)?
And I was also wondering, for line 7, would that be all of our meals, groceries, etc.? I didn't keep a separate log but went back to view my bank statements to calculate the total. I didn't include any amounts paid with cash or debit (which I can't track) or meals I had alone (which I know because they're less than $15 - I filtered any amounts less than that just to be on the safe side). Does this sound correct?
Thank you very much!
