- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Retirement tax questions
Thank you. I am a 22 year old full time student and I lived the entire year of 2021 in an apartment in another city ~120 miles from my parents. Also, my parents provided less than half my support in 2021. My parents aren't claiming me as a dependent on their return. Most of my support comes from the GI Bill, with the rest of my support coming from the $7200 I made over the summer. My main 2 questions from the tax software interview are: I can't be claimed as a dependent? The other: Is your earned income less than half the support you received? Technically my earned income of $7200 was less than half because the GI Bill provided most of my support. I assume since the GI Bill isn't taxable that I still answer the question "no."
‎February 2, 2022
12:19 PM