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dependent that make more than 4200 .is this your child or a relative?

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    dependent that make more than 4200 .is this your child or a relative?

    the dependent that make more than 4200. is tjhis your child or relative?

    #2
    Originally posted by Therrell123 View Post
    the dependent that make more than 4200. is tjhis your child or relative?
    I would suggest you provide additional information to your post. It is seriously lacking - I don't see how you could get any good answers.

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      #3
      Who qualifies as a dependent? 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, 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.
      Qualifying child In addition to the qualifications above, to claim an exemption for your child, you must be able to answer "yes" to all of the following questions.
      • Are they related to you? The child can be your son, daughter, stepchild, eligible foster child, brother, sister, half brother, half sister, stepbrother, stepsister, adopted child or an offspring of any of them.
      • Do they meet the age requirement? Your child must be under age 19 or, if a full-time student, under age 24. There is no age limit if your child is permanently and totally disabled.
      • Do they live with you? Your child must live with you for more than half the year, but several exceptions apply.
      • Do you financially support them? Your child may have a job, but that job cannot provide more than half of her support.
      • Are you the only person claiming them? This requirement commonly applies to children of divorced parents. Here you must use the “tie breaker rules,” which are found in IRS Publication 501. These rules establish income, parentage and residency requirements for claiming a child.
      Qualifying relative
      • Do they live with you? Your relative must live at your residence all year or be on the list of “relatives who do not live with you” in Publication 501. About 30 types of relatives are on this list.
      • Do they make less than $4,200 in 2019? Your relative cannot have a gross income of more than $4,200 in 2019 and be claimed by you as a dependent.
      • Do you financially support them? You must provide more than half of your relative’s total support each year.
      • Are you the only person claiming them? This means you can’t claim the same person twice, once as a qualifying relative and again as a qualifying child. It also means you can’t claim a relative—say a cousin—if someone else, such as his parents, also claim him.

      Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR

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