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Would the student child qualify as a "Qualifying Relative" or do they have to meet all the 7 test rules to be claimed?
1 - DEPENDENT CHILD WHO IS FULL TIME STUDENT AGE 24 END OF 2021 AND GROSS INCOME
OF $20,322
2 - and still lives with her parents who provided her support in 2021
3 - student paid her own college tuition (if parent cannot claim her then she should be able to claim education expenses?
thanks in advance
Best Answer Click here
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At that age and that income level, she doesn't qualify to be someone else's dependent.
Slava Ukraini!
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You can use IRS resources. This has all the links for what you ask:
Don't yell at us; we're volunteers
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Just did one very similar to this and quickfinder has excellent flowcharts. Recommended.
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Thanks but don't use Quick Finders
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Thanks that's what I thought I appreciate your response. Also, being she lives with her parents and they provide her support EXCEPT she paid the tuition she gets to claim education credit
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Quickfinder is a great resource to use.
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So is “The Tax Book” someone recommended.
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Yeah the tax book is also excellent. I purchased it years ago, but at that time, I don't believe it had a section on nonprofit 990 returns. That is why I stay with quickfinder, but it wouldn't hurt to have both of them. Just my opinion.