Can my parents Still claim me as a dependent? I am 20 years old, a full-time student, live with my parents, and I made $15,000 last year.

billie77c — Tue, 04 Jun 2019 20:34:23 GMT

Yes. A child of a taxpayer can still be a “Qualifying Chi...

Hal_Al — Tue, 04 Jun 2019 20:34:25 GMT

Yes. A child of a taxpayer can still be a “Qualifying Child” (QC) dependent, regardless of his/her income, if:

1. He is under age 19, or under 24 if a full time student for at least 5 months of the year, or is totally & permanently disabled

2. He did not provide more than 1/2 his own support. Scholarships are considered third party support and not as support provided by the student.

3. He lived with the parent (including temporary absences such as away at school) for more than half the year

So, it doesn't matter how much he earned. What matters is how much he spent on support. Money he put into savings does not count as support he spent on him self.

The support value of the home the parent provided is the fair market rental value of the home plus utilities & other expenses divided by the number of occupants.

Furthermore, there is a rule that says IF somebody else CAN claim him as a dependent, he is not allowed to claim his own exemption. If he has sufficient income (usually more than $6350), he can & should still file taxes; he just doesn’t get his own $4050 exemption (deduction). In TurboTax, he indicates that somebody else can claim him as a dependent, at the personal information section.

Even if he had less, he is allowed to file if he needs to get back income tax withholding. He cannot get back social security or Medicare tax withholding.

And even if your parents didn't claim you you are not all...

BobinCT — Tue, 04 Jun 2019 20:34:27 GMT

And even if your parents didn't claim you you are not allowed to claim yourself.

topic Can my parents Still claim me as a dependent? I am 20 years old, a full-time student, live with my parents, and I made $15,000 last year. in Get your taxes done using TurboTax

Can my parents Still claim me as a dependent? I am 20 years old, a full-time student, live with my parents, and I made $15,000 last year.

Yes. A child of a taxpayer can still be a “Qualifying Chi...

And even if your parents didn't claim you you are not all...