Questions and Answers
True or false: If neither person is the qualifying relative's parent, the person with the highest adjusted gross income will always be entitled to claim the qualifying relative.
False
True or false: Qualifying children must be under 18 years old to be considered a dependent for tax purposes.
False
What is the age requirement for a qualifying child for tax purposes?
Under 19
Who is entitled to claim the qualifying relative if neither person is the qualifying relative's parent?
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What is the maximum gross income that a qualifying relative can have in a year?
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True or false: Qualifying relatives must reside with the taxpayer for more than half the year to be considered a dependent for tax purposes.
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Which of the following is NOT a requirement for a qualifying child?
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True or false: A qualifying relative for tax purposes must live with the taxpayer for more than half the year.
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What is the determining factor if both people have the qualifying relative live with them for the same amount of time?
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What is the residency requirement for a qualifying child for tax purposes?
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True or false: Qualifying children can provide up to half of their own support for the year and still be considered a dependent for tax purposes.
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What is the gross income limit for a qualifying relative for tax purposes?
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What is the minimum amount of time that a qualifying relative must be a member of the taxpayer's household?
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What is the support requirement for a qualifying relative for tax purposes?
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True or false: The gross income limit for qualifying relatives to be considered a dependent for tax purposes is $4,500.
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True or false: Both qualifying children and qualifying relatives must meet specific tests, including age, residency, and support, to be considered a dependent for tax purposes.
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What are the three tests that a qualifying child must meet for tax purposes?
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Study Notes
- There are two types of dependents for tax purposes: qualifying children and qualifying relatives.
- Qualifying children must meet age, residency, and support tests.
- Qualifying children must be under 19, a full-time student under 24, or permanently and totally disabled at any age.
- Qualifying children must live with the taxpayer for more than half the year.
- Qualifying children cannot provide more than half of their own support for the year.
- Qualifying relatives must meet relationship, gross income, and support tests.
- Qualifying relatives must be a member of the taxpayer's household for more than half the year or a close relative of the taxpayer who is not a member of the taxpayer's household for more than half the year.
- Qualifying relatives' gross income for the year must be less than $4,300.
- Qualifying relatives cannot provide more than half of their own support for the year.
- Both types of dependents have specific criteria that must be met in order to qualify for tax purposes.
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