Howdy confuse-ga,
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for informed professional medical, psychiatric, psychological, tax, legal,
investment, accounting, or other professional advice."
Internal Revenue Service (IRS) Publication 501 "Exemptions, Standard
Deduction, and Filing Information" addresses your question.
http://www.irs.gov/publications/p501/ar02.html
"Exemptions for Dependents
You are allowed one exemption for each person you can claim as a dependent.
You can claim an exemption for a dependent even if your dependent files a
return.
Beginning in 2005, the term 'dependent' means:
- A qualifying child ...
...
Tests To Be a Qualifying Child Tests To Be a Qualifying Relative
1. The child must be your son, daughter, stepchild, eligible foster child,
brother, sister, half brother, half sister, stepbrother, stepsister, or a
descendant of any of them.
2. The child must be (a) under age 19 at the end of the year, (b) under
age 24 at the end of the year and a full-time student, or (c) any age if
permanently and totally disabled.
3. The child must have lived with you for more than half of the year.
4. The child must not have provided more than half of his or her own support
for the year.
5. If the child meets the rules to be a qualifying child of more than one
person, you must be the person entitled to claim the child as a qualifying
child."
You should read IRS Publication 501 in detail for other exemptions, etc.
Keep in mind that you claiming this person as an exemption could affect
their tax return as well as possibly affect any student financing they
might be receiving, so you should speak with this person before filing
your taxes claiming them as a dependent.
If you need any clarification, please feel free to ask.
Search strategy:
Google search on: dependents site:.irs.gov
://www.google.com/search?q=dependents+site%3A.irs.gov
Looking Forward, denco-ga - Google Answers Researcher |
