English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

2006-07-26 18:53:55 · 4 answers · asked by realsame2003 1 in Business & Finance Taxes United States

4 answers

23 is a good answer. Here is some back round information. The rules and definitions for claiming an exemption changed betwee the 2004 and 2005 tax years. Here are the new rules.
--A parent may claim an exemption for a "qualifying child."
--A "qualifying child" is a person related to the taxpayer.
--who has the same place of abode as the taxpayer for more
than one-half the tax year.
--who is under age 19, or under age 24 if a full-time student, and
--who has not provided over one-half of his or her support for the
year.
--An individual permanently and totally disabled meets the age
requirements.
--Beginning in 2005 you can claim a "qualifying relative" who
doesn't meet the test for "qualifying child" but is still could be a
child of the taxpayer. Claiming a child under that provision is
similar to the tests for "qualifying child" but includes a gross
income test ($3300) for 2006. There are additional rules.
So, the answer is under age 19, unless. Then under age 24
unless, then no age limits and 5 new tests as a qualifying
relative as opposed to a qualifying child. This is probably more
than you wanted to know.

2006-07-27 04:46:27 · answer #1 · answered by Anonymous · 1 0

23

2006-07-26 18:56:41 · answer #2 · answered by wbuzzryan 2 · 0 0

21 if you are a college student

2006-07-26 18:56:53 · answer #3 · answered by Stephanie P 1 · 0 0

until you stop mooching off of them and file your own taxes, and you are no longer dependent of them

2006-07-26 19:04:05 · answer #4 · answered by Anonymous · 0 0

fedest.com, questions and answers