Dependent

[Krbnsol]

My son graduated from college in May of last year. I covered his health insurance (ACA) through July, when son moved out of state, where he now has a full-time job and health benefits. I claimed him as a dependent, but did not claim Head of Household, since he was living outside the home for most of the year. I claimed the 1095-A on my taxes. Son is in the process of trying to do his taxes, and is not sure what he should select for his status. We're assuming dependent and where he would enter information for the 1095-A, he would claim 0%. Is this correct? 

[SharonD007]

Please review the criteria for claiming a dependent to help ensure that you can claim your son since he has a full-time job. 

To determine if your son is your qualifying child, the following questions must be true:

• The child must be related to you. 
• The child can’t be claimed as a dependent by someone else. 
• The child must be a U.S. citizen, resident alien, national, or a Canadian or Mexican resident. 
• If the child is married, they can’t file a joint return with their spouse. 
• The child must be under the age of 19 (or 24 for full-time students). 
  • No age limit for permanently and totally disabled children. 
• The child must have lived with you for more than half the year (exceptions apply). 
• The child didn't provide more than half of their own support for the year. 

If your son qualifies as your qualifying child, his income doesn't matter. You would have had to provide more than half of his support for the year. Review the IRS website Support Test (To Be a Qualifying Child) to determine if you provided more than half of your son's support.

If the individual doesn’t qualify as your qualifying child, you may be able to claim them as your qualifying relative. The following questions must be true:

• The individual can’t be claimed as a dependent by someone else. 
• The individual must be a U.S. citizen, resident alien, national, or a Canadian or Mexican resident. 
• If the individual is married, they can’t file a joint return with their spouse.
• The individual must live with you all year.
• The individual  can’t have made more than $5,050 in income in 2024.
• You must provide more than half of their total support for the year.

 Please review the TurboTax Help article Who can I claim as my dependent?

If you claim your son on your tax return, he won't have to answer any health insurance questions, TurboTax will tell him, "Since someone is claiming you on their 2024 taxes, you don't have to complete Health Insurance."

Refer to the TurboTax article I'm on my parents' 1095-A form. What do I do on my return? for information.

Also, if claiming your son as your dependent,  make sure that he indicates that someone else is claiming him as a dependent.  Refer to the TurboTax article: How do I indicate that I can be claimed as a dependent on someone else's return.

[NCperson]

@Krbnsol are you sure you can claim him?

simply, if he provided more than 50% of his financial support in 2024, then he is no longer your dependent.  And that is quite possible, depending on his employment start date and how high the salary might be.