How do i determine if my parents paid more than half my expenses
Like what counts as an expense? And if i have multiple siblings, does the rent per month for the house i live in, is it split among all of us as a personal expense towards each, or does the entire rent bill count towards me?
011368
1 Replies
jerry2000
Alumni
May 31, 2019 6:33:20 PM
There is a very good worksheet to help you determine how much support your parents provide. It is on page 16 of IRS Pub. 501 https://www.irs.gov/pub/irs-pdf/p501.pdf