helpingmetaxes
Returning Member

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."