topic I have a child who is over 24 yrs old. He made only 1500 in 2020 and does not attend college. Can he be claimed as a dependent or some sort? in Get your taxes done using TurboTax

I have a child who is over 24 yrs old. He made only 1500 in 2020 and does not attend college. Can he be claimed as a dependent or some sort?

keovang1981 — Thu, 04 Mar 2021 23:21:48 GMT

I keyed it into turbotax and it took. Said, he qualifies but i'm confused now.

Re: I have a child who is over 24 yrs old. He made only 1500 in 2020 and does not attend college. Can he be claimed as a dependent or some sort?

xmasbaby0 — Thu, 04 Mar 2021 23:41:52 GMT

If you supported your 24 year old who only had $1500 of income in 2020 you can claim him as a dependent and you get the $500 credit for other dependents for claiming him. You do not receive a stimulus check for claiming him. Parents only get stimulus checks for kids under the age of 17.

(Note---if he had less than $4300 of income in 2020 you can claim him---but if he received unemployment ---that income "counts.")

CREDIT FOR OTHER DEPENDENTS

https://ttlc.intuit.com/questions/4499708-what-is-the-500-credit-for-other-dependents-family-tax-credit

https://ttlc.intuit.com/community/children-dependents/help/what-does-financially-support-another-person-mean/00/26532

Re: I have a child who is over 24 yrs old. He made only 1500 in 2020 and does not attend college....

RayW7 — Thu, 04 Mar 2021 23:45:18 GMT

No, based on his age and not a student he can not be a qualifying child, however he may be a qualifying relative if he meets the requirements below.

You can't claim a person as a dependent unless that person is your qualifying child or qualifying relative.

Listed below are the qualifications to be claimed as a dependent for a qualifying child. The child must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them.

The child must be (a) under age 19 at the end of the year and younger than you (or your spouse if filing jointly), (b) under age 24 at the end of the year, a student, and younger than you (or your spouse if filing jointly), or (c) any age if permanently and totally disabled.
The child must have lived with you for more than half of the year.2
The child must not have provided more than half of his or her own support for the year.
The child must not be filing a joint return for the year (unless that joint return is filed only to claim a refund of withheld income tax or estimated tax paid

Listed below are the qualifications to be claimed as a qualifying relative.

The person can't be your qualifying child or the qualifying child of any other taxpayer.
The person either (a) must be related to you in one of the ways listed under Relatives who don't have to live with you , or (b) must live with you all year as a member of your household2 (and your relationship must not violate local law).
The person's gross income for the year must be less than $4,300.3
You must provide more than half of the person's total support for the year.4

-follow this link for more information-

Publication 501, (2020), Dependents, Standard Deduction