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What are considered living expenses?

Do living expenses account for food, rent, utilities as well as health insurance, automotive insurance, automotive payments and the such?

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1 Best answer

Accepted Solutions

What are considered living expenses?

IRS says:

Support includes amounts spent to provide:

  • Food,
  • Lodging,
  • Clothing,
  • Education,
  • Medical and dental care,
  • Recreation,
  • Transportation, and
  • Similar necessities.

This information is found in Publication 501, Exemptions, Standard Deduction, and Filing Information.

 https://apps.irs.gov/app/IPAR/investigate/IPAR_1/en-US/Attribute~Dependents~global~global/qs%24s157%...

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3 Replies

What are considered living expenses?

Living expenses for what section?

What are considered living expenses?

Do you mean as in qualifying your dependent?

What are considered living expenses?

IRS says:

Support includes amounts spent to provide:

  • Food,
  • Lodging,
  • Clothing,
  • Education,
  • Medical and dental care,
  • Recreation,
  • Transportation, and
  • Similar necessities.

This information is found in Publication 501, Exemptions, Standard Deduction, and Filing Information.

 https://apps.irs.gov/app/IPAR/investigate/IPAR_1/en-US/Attribute~Dependents~global~global/qs%24s157%...

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