Your Ask Joey ™ Answer

What are the requirements to claim a qualifying child as a dependent?

There are really four different requirements that the child must meet in order to qualify as a dependent. The four requirements include the relationship test, age test, principal residence test, and self-supporting test:

1) Relationship test: In order for a taxpayer to claim a child as a dependent, the taxpayer must have a specific relationship with the child. The child must be either the taxpayer’s son, daughter, stepson, stepdaughter, brother, sister, stepbrother, stepsister, or a descendent of any of the above mentioned.

2) Age test: The age test is one of the requirements that must be met in order for a taxpayer to claim the child as a dependent. The child must be either be 19 years old or younger if they are not a full-time student. If the are a full-time student, the child can be up to 24 years old. There is no age limit if the child is “permanently and totally disabled”.

3) Principal residence test: This requirement basically says that the child must live with the taxpayer for at least 50% of the year. That means that the taxpayer and the child must be roommates for at least 6 months of the year. There is no requirement that the 6 months must be consecutive.

4) Self-supporting test: This is one of the requirements that a child must pass in order to qualify as a dependent for the taxpayer. It basically says that the taxpayer must pay for 50% or more of the child’s living expenses. If the taxpayer does not cover more than 50% of the child’s expenses, then the taxpayer cannot claim the child as a dependent.

Back To All Questions

You might also be interested in...

  • Three Reasons to Become an Accountant

    If you’re someone who is intrigued by numbers, enjoys problem-solving and wants to help others, then accounting might be the perfect career for you. While some people may be put off by its unalluring reputation, accounting is an excellent career choice that has many benefits. In this article, we look at three of the reasons...

  • Qualified Retirement Planning: Tax Advantages & Disadvantages

    Home Advantages and Disadvantages of Tax-Free and Deferred-Tax Retirement Plans What are “qualified retirement plans” and how can they be effective for tax planning? Well, there are plenty of tax savings advantages to individuals contributing to tax-free retirement accounts, as well as tax-deferred retirement accounts. However, this doesn’t necessarily mean that there are no disadvantages...

  • CPA Evolution Survival Guide

    Download Your eBook by selecting the download icon in the top right-hand corner