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February 11, 2025
Question

What do I check for my living situation if I still live with my parents?

  • February 11, 2025
  • 1 reply
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    1 reply

    Employee
    February 11, 2025

    Where is it asking for your living situation?    In MY INFO you enter your address.   And there will be a question about whether you can be claimed as someone else's dependent.   Is that the "situation" you are asking about?   We know nothing about you----in order to determine if your parents can claim you as a dependent, we would need to know your age, whether you were a full-time student in 2024, and whether you earned more than $5050 2024.

     

    How would your parents answer these questions?

    IRS interview to help determine who can be claimed:

    https://www.irs.gov/help/ita/who-can-i-claim-as-a-dependent

     

     

    Do you fit the criteria to be a qualifying child----or a qualifying relative?

     

    WHO CAN I CLAIM AS A DEPENDENT?

     

    You can claim a child, relative, friend, or fiancé (etc.) as a dependent on your 2024 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 $5050 in 2024 (not counting Social Security)
    • 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.

    Related Information:

     

    **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.**