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Can I claim myself on my taxes if I received over half of my support from trust distributions? Neither my mom nor my dad can claim me as a dependent.
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Can I claim myself on my taxes if I received over half of my support from trust distributions? Neither my mom nor my dad can claim me as a dependent.
The rules for
claiming yourself, or if you can be claimed as a dependent are clear, but you have to decide who is eligible to claim
your exemption first. If you meet the qualifications, then you can take your own exemption and your trust distributions would count as your own support.
See page 27 of IRS pub 17 for the conditions that would mean someone else can claim you.
https://www.irs.gov/pub/irs-pdf/p17.pdf
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Can I claim myself on my taxes if I received over half of my support from trust distributions? Neither my mom nor my dad can claim me as a dependent.
The rules for
claiming yourself, or if you can be claimed as a dependent are clear, but you have to decide who is eligible to claim
your exemption first. If you meet the qualifications, then you can take your own exemption and your trust distributions would count as your own support.
See page 27 of IRS pub 17 for the conditions that would mean someone else can claim you.
https://www.irs.gov/pub/irs-pdf/p17.pdf
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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Can I claim myself on my taxes if I received over half of my support from trust distributions? Neither my mom nor my dad can claim me as a dependent.
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Can I claim myself on my taxes if I received over half of my support from trust distributions? Neither my mom nor my dad can claim me as a dependent.
Taxable income you earned as an employee, such as wages, salaries, commissions, and tips;
Profits from operating your business or farm;
Long-term disability pay, if received before the minimum retirement age;
Union strike benefits.
Are you seeing something that suggests support has to be from earned income? What section are you seeing the question?
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Can I claim myself on my taxes if I received over half of my support from trust distributions? Neither my mom nor my dad can claim me as a dependent.
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Can I claim myself on my taxes if I received over half of my support from trust distributions? Neither my mom nor my dad can claim me as a dependent.
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Can I claim myself on my taxes if I received over half of my support from trust distributions? Neither my mom nor my dad can claim me as a dependent.
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Can I claim myself on my taxes if I received over half of my support from trust distributions? Neither my mom nor my dad can claim me as a dependent.
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