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I will be attending nursing school full time. My fiance will be financially responsible for me. What changes should he make to his tax forms for his paychecks?

 
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1 Reply
Hal_Al
Level 15

I will be attending nursing school full time. My fiance will be financially responsible for me. What changes should he make to his tax forms for his paychecks?

 He could claim one more allowance, if you qualify as his dependent. If he will be claiming a tuition credit, he could claim even more allowances.

W-4 withholding calculator https://turbotax.intuit.com/tax-tools/calculators/w4/ 

But, he may not be able to claim you at all. There are two types of dependents, "Qualifying Children"(QC) and standard ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). Only a QC qualifies a taxpayer for the Earned Income Credit and the Child Tax Credit.

 A person can still be a Qualifying relative dependent, if not a Qualifying Child, if he/she meets the 6 tests for claiming a dependent:

1. Closely Related OR live with the taxpayer ALL year   

2. His/her gross taxable income for the year must be less than $4150 ($4,050 in 2016-17)

3. The taxpayer must have provided more than 1/2 his support. **

In either case:

4. He must be a US citizen or resident of the US, Canada or Mexico

5. He must not file a joint return with his spouse or be claiming a dependent of his own

6. He must not be the qualifying child of another taxpayer

**The IRS has a worksheet that can be used to help with the support calculation. See: http://apps.irs.gov/app/vita/content/globalmedia/teacher/worksheet_for_determining_support_4012.pdf The support value of a home is the fair market rental value, divided by the number of occupants. If you have student loans or scholarships, that is support that your BF does not provide and counts against him being able to claim you.


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