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June 3, 2019
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Living with someone who pays all of the rent but I am fully responsible for myself, and personal bills (work full Time). Are they entitled to any “living expense” credit?

  • June 3, 2019
  • 4 replies
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    Best answer by DeniseF1

    There is no such thing as a "living expense" credit. However there is a dependent credit that may be claimed for you if the certain requirements are met. If you earned less than $4050 in 2017 and you meet all the other requirements, you may qualify to be claimed as a qualifying relatives

    Who qualifies as a dependent?

    The IRS rules for qualifying dependents cover just about every conceivable situation, from housekeepers to emancipated offspring.

    Fortunately, most of us live simpler lives. The basic rules will cover almost everyone. Here’s how it all breaks down.

    There are two types of dependents, each subject to different rules:

    • A qualifying child
    • A qualifying relative

    For both types of dependents, you’ll need to answer the following questions to determine if you can claim them.

    • Are they a citizen or resident? The person must be a U.S. citizen, a U.S. national, a U.S. resident, or a resident of Canada or Mexico. Many people wonder if they can claim a foreign-exchange student who temporarily lives with them. The answer is maybe, but only if they meet this requirement.
    • Are you the only person claiming them as a dependent? You can’t claim someone who takes a personal exemption for himself or claims another dependent on his own tax form.
    • Are they filing a joint return? You cannot claim someone who is married and files a joint tax return. Say you support your married teenaged son: If he files a joint return with his spouse, you can’t claim him as a dependent.

    4 replies

    Carl11_2
    Employee
    June 3, 2019
    IF someone else is paying rent on your behalf, there is no way you are "fully responsible" for yourself. There's no such thing as a "living expense" credit. So why are you asking about this?
    Kort-LottAuthor
    June 3, 2019
    Fully responsible as in I pay all of the other outisde bills besides rent. And I take care of all personal belongings. As in food, clothes, healthcare, etc. A former accountant told me that this person was entitled to “living expense” credit. And that is why I was asking because that is what this is used for, to ask questions you do not understand
    Kort-LottAuthor
    June 3, 2019
    I did not know if there was or wasn’t a thing as “living expense” credit. And that is WHY I asked
    DeniseF1Answer
    June 3, 2019

    There is no such thing as a "living expense" credit. However there is a dependent credit that may be claimed for you if the certain requirements are met. If you earned less than $4050 in 2017 and you meet all the other requirements, you may qualify to be claimed as a qualifying relatives

    Who qualifies as a dependent?

    The IRS rules for qualifying dependents cover just about every conceivable situation, from housekeepers to emancipated offspring.

    Fortunately, most of us live simpler lives. The basic rules will cover almost everyone. Here’s how it all breaks down.

    There are two types of dependents, each subject to different rules:

    • A qualifying child
    • A qualifying relative

    For both types of dependents, you’ll need to answer the following questions to determine if you can claim them.

    • Are they a citizen or resident? The person must be a U.S. citizen, a U.S. national, a U.S. resident, or a resident of Canada or Mexico. Many people wonder if they can claim a foreign-exchange student who temporarily lives with them. The answer is maybe, but only if they meet this requirement.
    • Are you the only person claiming them as a dependent? You can’t claim someone who takes a personal exemption for himself or claims another dependent on his own tax form.
    • Are they filing a joint return? You cannot claim someone who is married and files a joint tax return. Say you support your married teenaged son: If he files a joint return with his spouse, you can’t claim him as a dependent.
    Kort-LottAuthor
    June 3, 2019
    Thanks this helped break it down. I made way over the 4,050 limit. I was just trying to understand.