- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
[Event] MetLife & TurboTax Present: The Ask Us Anything Forum
Most likely, yes.
The income won't matter as long as your daughter does not supply more than half of her own support, which is highly unlikely.
If she makes more than the filing requirement, she will need to file her own tax return.
She most likely is your dependent until she reaches 18, or if a student, 24.
A person can be claimed as your dependent if they are considered your "Qualifying Child” or if they are considered your "Qualifying Relative”
Please be aware that “Child” and “Relative” for tax purposes may be different from the true book definition of these words.
To qualify as your Qualifying Child, the person you wish to claim must meet these requirements:
Relationship: Be your son, daughter, stepchild, eligible foster child, brother, sister, half-sister or -brother, stepbrother, stepsister, adopted child or the child of one of these
Age: Be under age 19 or under 24 if a full-time student, or any age if permanently and totally disabled
Residency: Live with you for more than half the year, with some exceptions
Support: This person did not supply more than half of their own support
Joint return: They did not file as Married Filing Jointly unless they only filed that return only to claim a refund of taxes paid or withheld
To qualify as your Qualifying Relative, the person you wish to claim must meet these requirements:
First, determine if the person you want to claim as your Qualifying Relative is a Qualifying Child for you or anyone else. If they are your Qualifying Child, you can claim them as your Qualifying Child Dependent. If they are a Qualifying Child for a different person, you cannot claim them at all.
The person must either had lived with you all the tax year as a member of your household, or be a family relative to you in one of the ways listed under Relatives who don't have to live with you,
The person's gross income for the year must have been less than $5,050.
You must have provided more than half of the person's total support for the tax year.
**Mark the post that answers your question by clicking on "Mark as Best Answer"