"Support Test (To Be a Qualifying Child)
To meet this test, the child cannot have provided more than half of his or her own support for the year." - irs.gov
Personally I think I can make all the money I want, the money that is in question is the money that I USE to SUPPORT myself. Do you agree?
2007-03-30 10:39:28 · 5 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States
I don't know, she says she claims $3000 on me as support.
2007-03-30 11:45:31 · update #1
And yes I think it's for earned income credit or something.
2007-03-30 11:45:57 · update #2
Oh and I'm 18 and a full time student.
2007-03-30 11:46:22 · update #3
In response to STEVEN F, I don't exactly know what numbers she's pulling out as I don't really know taxes. But it seems like ninnasgramma has answered my question, thanks.
2007-03-30 14:31:23 · update #4
What do you mean by her total support is $3,000.00? Is this her entire income? If it is then it will be tough to prove she supported you.
Are you a full-time student? How old are you?
If you are supporting yourself, then you answered your own question...
good luck
2007-03-30 10:44:14 · answer #1 · answered by Wood Smoke ~ Free2Bme! 6 · 0⤊ 1⤋
You are correct. Since you are under 19, you can make any amount of money and possibly still be a qualifying child for your mother. However, you cannot provide over half of your own support and be a qualifying child.
So, if you put your money in the bank, or supported someone else, even if you supported your mother, you could still be your mother's qualifying child.
2007-03-30 20:05:53 · answer #2 · answered by ninasgramma 7 · 2⤊ 0⤋
ninasgramma's answer is the best so far. However, I seriously doubt your mother is figuring your support correctly. If $3000 is half of your support, than $6000 is ALL of your support. That means your support is $500 each month. Support includes the value of housing you as well as feeding you and transportation. This is not a complete list, but I doubt your support is less than $500 per month.
EDIT: My best guess about where the $3000 figure comes from is the personal exemption of $3,300 (2006). That is not the same as support.
2007-03-30 21:00:16 · answer #3 · answered by STEVEN F 7 · 1⤊ 0⤋
If for example all of your income is going into your savings and not being used for your support, you're right that you can make as much as you want to and your mom can still claim you if you and she meet all the requirements for her to claim you as a qualifying child.
Things like schooling and entertainment count as part of your support, so if you're paying from your earnings for those items, then when figuring your total support and whether you provided over half of it, you have to count those. If you're saving your earnings toward future schooling or something, that would not count in your support for the current year.
2007-03-30 22:23:18 · answer #4 · answered by Judy 7 · 2⤊ 0⤋
3,000.00 and she files taxes? what for?
earned income?
BS... 3g.... tell her she can stop filing....
you're going to do your own bag..
2007-03-30 18:15:06 · answer #5 · answered by cork 7 · 0⤊ 2⤋