Does SSI income count for dependents?

Forum|Forum|7 years ago
June 1, 2019
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For California if your listing a parent as dependent but they receive SSI income of approx $650 a month do you list that as their income? Or does it not count since it is from SSI benefits?

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Anonymous

When listing a Qualifying Relative as a dependent you must have provided more than half of their financial support during the year.

In your case if the only income that your parent receives is the $650.00 SSI the following scenario applies:

If the cost of living for your parent is $1300.00 or less per month and you covered the remainder of his or her cost of living expenses, then you cannot claim your parent as a dependent.
If the monthly cost of living exceeds $1300.00 per month and you are providing the rest you can claim your parent as a Dependent on your Tax Return.

As I mentioned above, the numbers above are used as an example if your parent's only income is the $650.00 per month. If there is additional income involved it must be taken into consideration. Other aid from Third-Parties such as: Food Stamps, Section 8, Local Public Housing etc. must also be considered when calculating support of a Qualifying Relative for Dependent Purposes.