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New Member
posted Mar 22, 2024 3:31:36 PM

Do royalties earned count toward the gross income limit of $4700 when determining if someone can qualify as a dependent?

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2 Replies
Level 15
Mar 22, 2024 3:41:16 PM

Yes.  Any income "counts" except for Social Security.

Expert Alumni
Mar 22, 2024 3:47:49 PM

Yes, royalties count as income for a qualifying relative dependent.

 

 Please review the TurboTax Help article Who can I claim as my dependent? and the IRS Publication 501 on Dependents, Standard Deduction, and Filing Information.