If I cover all my needs (medical, food, transportation, phone bill, ect.) except for rent< do I support myself?

Forum|Forum|3 years ago
March 6, 2023
3 replies
0 views

I buy my groceries, pay my own health insurance premium, all clothes and toiletries I buy for myself. Whatever I need/want, comes from my own money. I live with my mom and don't pay rent-does that mean I pay for more than half of my living expenses?

TurboTax Free Edition Online

xmasbaby0

Employee

Are you a full-time student? How old were you at the end of 2022? Did you have more than $4400 of income in 2022? Provide some details, please.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

xmasbaby0

Employee

What does "financially support another person" mean?

From a parent's standpoint--how would your parent answer---are you a qualifying child or qualifying relative?

WHO CAN I CLAIM AS A DEPENDENT?

You can claim a child, relative, friend, or fiancé (etc.) as a dependent on your 2022 taxes as long as they meet the following requirements:

Qualifying child

They're related to you.
They aren't claimed as a dependent by someone else.
They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
They aren’t filing a joint return with their spouse.
They're under the age of 19 (or 24 for full-time students).

No age limit for permanently and totally disabled children.

They lived with you for more than half the year (exceptions apply).
They didn't provide more than half of their own support for the year.

Qualifying relative

They don't have to be related to you (despite the name).
They aren't claimed as a dependent by someone else.
They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
They aren’t filing a joint return with their spouse.
They lived with you the entire year (exceptions apply).
They made less than $4,400 in 2022.
You provided more than half of their financial support.

When you add someone as a dependent, we'll ask a series of questions to make sure you can claim them. There may be other tax benefits you can get when you claim a dependent

leeloo

Not necessarily. You have to compare dollar for dollar what is spent.

Also , you need to take into account the living arrangements, utilites, internet et cetera. The best way to determine is to use a worksheet.

https://apps.irs.gov/app/vita/content/globalmedia/teacher/worksheet_for_determining_support_4012.pdf

Carl11_2

Employee

If you were a student in 2022, just because you made enough money to "support yourself" does not in and of itself mean you can claim such on your tax return. Heck, a student could make a million dollars (literally!) and still be qualified as a dependent on their parent's tax return.

You need to provide details as to why you may believe you do not qualify as a dependent on your parent's tax return.