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br-ramin
New Member

Do I qualify as a dependent to my parents? I’m 27 years old and live with them. I’m self employed but don’t make enough to pay for half my expenses.

 
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2 Replies

Do I qualify as a dependent to my parents? I’m 27 years old and live with them. I’m self employed but don’t make enough to pay for half my expenses.

If you made at least $4700 in 2023 no one can claim you as a dependent.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
DawnC
Employee Tax Expert

Do I qualify as a dependent to my parents? I’m 27 years old and live with them. I’m self employed but don’t make enough to pay for half my expenses.

Probably not.  Once you turn 24 (unless you are permanently disabled), whether you pay for half of your expenses or not, is irrelevant.   If, as a self-employed individual, you made more than $4700, you can't be claimed as a dependent

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