topic Re: Dependent Income Threshold in Get your taxes done using TurboTax

Dependent Income Threshold

MPLynch — Wed, 09 Mar 2022 17:21:11 GMT

What is the income threshold before a taxpayer can no longer claim that dependent on their tax filing?

Re: Dependent Income Threshold

xmasbaby0 — Wed, 09 Mar 2022 17:25:25 GMT

That depends on whether the dependent is a qualifying child or a qualifying relative. If the dependent is a qualifying child there is not an income threshhold. For a qualifying relative the amount for 2021 is $4300--not counting Social Security.

WHO CAN I CLAIM AS A DEPENDENT?

You can claim a child, relative, friend, or fiancé (etc.) as a dependent on your 2021 taxes as long as they meet the following requirements:

Qualifying child

They're related to you.
They aren't claimed as a dependent by someone else.
They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
They aren’t filing a joint return with their spouse.
They're under the age of 19 (or 24 for full-time students).

No age limit for permanently and totally disabled children.

They lived with you for more than half the year (exceptions apply).
They didn't provide more than half of their own support for the year.

Qualifying relative

They don't have to be related to you (despite the name).
They aren't claimed as a dependent by someone else.
They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
They aren’t filing a joint return with their spouse.
They lived with you the entire year (exceptions apply).
They made less than $4,300 in 2021.
You provided more than half of their financial support

IRS interview to help determine who can be claimed:

https://www.irs.gov/help/ita/who-can-i-claim-as-a-dependent

https://ttlc.intuit.com/questions/3113432-who-can-i-claim-as-my-dependent

Re: Dependent Income Threshold

DanaB27 — Wed, 09 Mar 2022 17:28:08 GMT

There is only an income limit for Qualifying relative the dependent can't make more than $4,300 in 2021.

For your Qualifying child there is no income limit:

They're related to you.
They aren't claimed as a dependent by someone else.
They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
They aren’t filing a joint return with their spouse.
They're under the age of 19 (or 24 for full-time students).
- No age limit for permanently and totally disabled children.
They lived with you for more than half the year (exceptions apply).
They didn't provide more than half of their own support for the year.