Can someone claim me as a dependent if I am 24 but still a full-time professional student?

[KC9731]

Currently looking at the IRS rules on dependents, and I get a bit confused. At the end of 2021, I am 24 years old, and a full-time professional student that also works and made more than the standard deduction amount. I also have student loans. Based on my understanding, would I not meet the qualifying child criteria? Do student loans count as part of providing my own support if I am primarily responsible for paying it back? In that sense, would I also not meet the qualifying relative criteria? Therefore would my parents not be able to claim me as a dependent? 

[DoninGA]

If you are age 24 or older and have gross income of $4,300 or more then no one can claim you as a dependent.

Being a full time student is only for those who are under the age of 24 so they can be claimed as a dependent under the Qualifying Child rules where their income is not a factor.

Since you are age 24 you are no longer eligible to be claimed under the Qualifying Child but now only under the Qualifying Relative rules where your gross income is a factor.

To be a Qualifying Relative -

1. The person cannot be your qualifying child or the qualifying child of any other taxpayer. A child is not the qualifying child of any other taxpayer if the child's parent (or any other person for whom the child is defined as a qualifying child) is not required to file an income tax return or files an income tax return only to get a refund on income tax withheld.
2. The person either (a) must be related to you or (b) must live with you all year as a member of your household.
3. The person's gross income for the year must be less than $4,300 (social security does not count) in 2021
4. You must provide more than half of the person's total support for the year.
5. The person must be a U.S. citizen or a U.S., Canada, or Mexico resident for some part of the year.
6. The person must not file a joint return with their spouse.

To be a Qualifying Child -

1. 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.
2. The child must be (a) under age 19 at the end of the year, (b) under age 24 at the end of the year and a full-time student or (c) any age and permanently and totally disabled.
3. The child must have lived with you for more than half of the year. Temporary absences while away at college are considered living with you.
4. The child must not have provided more than half of his or her own support for the year.
5. If the child meets the rules to be a qualifying child of more than one person, you must be the person entitled to claim the child as a qualifying child.
6. The child must be a U.S. citizen or U.S., Canada or Mexico resident for some portion of the year.
7. The child must be younger than you unless disabled.

[KC9731]

Thank you for the response. Do all 6 criteria need to be met in order to meet the Qualifying Relative status? 

I am trying to figure out if this is applicable: 

4. You must provide more than half of the person's total support for the year.

What if the gross income is more than $4,300, but does not provide more than half of their own support? Are student loans considered own support as well? 

[Mike9241]

if you are over 24 on 12/31/2021 you can't be claimed as a qualifying child (dependent).

however, someone, probably your parents can claim you as a qualifying relative (dependent) if the following tests are met.

1) you lived in their household the entire year. Absences for educational purposes are ignored
2) your gross income for 2021 must be less than $4,350
3) they provided over ½ your  support

Search the web for a dependent support worksheet that you can complete.

for example, if you live at home, except whe at school, the value of the lodging provided by your parents is included in the support they provided.