- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
@VolvoGirl wrote:
Yes if they made less than $4,250 total income for the year. They will be a qualifying relative and not a qualifying child. Just enter them and answer the questions in Turbo Tax to see if they qualify.
The test for a qualifying relative dependent is
- The person had less than $4250 of taxable income, AND
- You provided more than half their total support, AND
- They do not file a joint return with a spouse, AND
- They lived in your home every day of the year, unless they are your child, grandchild, or niece or nephew, in which case it doesn't matter where they lived.
Or, if the child is permanently disabled and unable to perform gainful work, they can continue to be a "qualifying child" dependent as long as they lived in your home more than half the year and aren't married and don't support themselves, but still only qualify for the $500 credit due to their age.
‎November 5, 2020
1:08 PM