No. If you meet the qualifications of a Qualifying Child, you can be claimed. However, one of the rules is that you didn't provide more than one half of your own support for the year. There is no rule that it has to be earned income. This will not preclude you from having to file Form 8615.
Qualifying Child
Relationship — the taxpayer’s child or stepchild (whether by blood or adoption), foster child, sibling or step-sibling, or a descendant of one of these.
Residence — has the same principal residence as the taxpayer for more than half the tax year. Exceptions apply, in certain cases, for children of divorced or separated parents, kidnapped children, temporary absences, and for children who were born or died during the year.
Age — must be under the age of 19 at the end of the tax year, or under the age of 24 if a full-time student for at least five months of the year, or be permanently and totally disabled at any time during the year.
Support — did not provide more than one-half of his/her own support for the year.
Form 8615 must be filed for any child who meets all of the following conditions.
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The child had more than $2,200 of unearned income.
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The child is required to file a tax return.
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The child either:
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Was under age 18 at the end of 2020,
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Was age 18 at the end of 2020 and didn’t have earned income that was more than half of the child's support, or
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Was a full-time student at least age 19 and under age 24 at the end of 2020 and didn’t have earned income that was more than half of the child's support.
(Earned income is defined later. Support is defined below.)
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At least one of the child's parents was alive at the end of 2020.
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The child doesn’t file a joint return for 2020.
