B-Beck
New Member

Do deferred student loans co-signed by one parent qualify as support when determining if the child is a qualifying dependent?

Parents provide no support other than health insurance. That being said, they cosign on fully deferred student loans. This student has an apartment that they live in full-time, including during the summer. They pay their rent, utilities, clothing, food, and all other expenses. Can the parent still claim the 21-year-old as a qualifying dependent because they co-signed on their student loans if the health insurance and student loans combined meet the 50% support threshold?