2007-01-18 12:12:11 · 7 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
its cause I live with my mother and Im not working anymore.
2007-01-18 12:38:18 · update #1
Homeownership has no relation to your deducting a qualified dependent.
2007-01-18 12:18:45 · answer #1 · answered by CPA 2 · 3⤊ 0⤋
Absolutely not. As long as you take care of your daughter's expenses the majority of the time (rather than an ex-husband, etc.), she is under 24, and she has not married, then you MUST put your daughter as a dependent. You earn approx. $500 per child as a deduction.
2007-01-18 20:22:09 · answer #2 · answered by Agata 2 · 0⤊ 2⤋
As long as you are providing over 50% of her support, you can claim her as a dependent.
2007-01-18 21:01:04 · answer #3 · answered by chieromancer 6 · 0⤊ 1⤋
No you do not have to be a homeowner to claim your daughter.
2007-01-19 10:22:41 · answer #4 · answered by strawberrycrush 4 · 0⤊ 0⤋
Nope, she just has to live with you at least 6 months out of the year. homeownership has nothing to do with it.
2007-01-18 20:20:37 · answer #5 · answered by nascar_cr8zy 4 · 2⤊ 1⤋
no
2007-01-18 20:19:17 · answer #6 · answered by critter man 3 · 1⤊ 0⤋
no.
2007-01-18 20:15:45 · answer #7 · answered by robert s 2 · 1⤊ 0⤋