How long can your parents claim you on their taxes

how long can your parents claim you on their taxes

Can my parents claim me as a dependent on their taxes?

Hi everyone. Here are the details:

-I am 19 years old.

-I am a full-time student at a four-year university.

-I lived with my parents for exactly six months, but was at school most of the day.

-I lived by myself, paying my rent of about $480, for the other six months.

-I have paid for all of my tuition, school fees, and books using scholarships, grants, loans, and work.

-My estimated costs were around $29000.

-Parents continue to pay car and health insurance.

-I have eaten a few meals with them over the past six months.

My Mom keeps saying that I can't claim myself as a dependent. I think she is wrong. I dislike saying that, but I know that they did not provide for HALF my support last year, which would have been around $14000. This is around a third of what they make a year. I have many siblings as well.

My big concern is this: I have paid for the

$29000 on my own through scholarships, grants, loans, and work. Can I claim myself as a dependent?

I am worried about making my parents mad, but it is my right to claim my return if I qualify. Flying planes is not cheap!

Thank you for all the feedback

Post

Can my parents claim me as a dependent on their taxes?

your estimate of your support of $29000 is probably excessive

support is considered your portion of rent, utilities, home phone, medical, food, clothing, entertainment and transportation(car insurance and/or payment is not transportation)

your grants, scholarships and loans are not income, unless you use it for anything other than educational expenses

if you resided in your parents home 6 months(and away at school even living on campus is considered at home) your parent can claim you

and if they are eligible it is for the entire year

now if you had not lived in their household the 6 months, that would be another thing

Can my parents claim me as a dependent on their taxes?

Source: www.insuranceforums.info

Category: Taxes

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