2007-06-28 10:49:23 · 5 answers · asked by AH 1 in Business & Finance ➔ Taxes ➔ United States
No, this simply means that he lives with you and you provide for his housing and half of his expenses. You are not responsible unless you co-signed for anything.
2007-06-28 11:09:24 · answer #1 · answered by Landlord 7 · 1⤊ 0⤋
You can claim someone as a dependent if they meet certain requirements. They must make less than 3,300 per year, you provide more than half of their support for the year, you are related, they are a US citizen, and they do not file a joint return. However, claiming a dependent does not make you responsible for them. You are just basically getting a tax break for having someone in your home that you "take care of." Hope this helps.
2007-06-28 12:45:31 · answer #2 · answered by Jenna S 1 · 0⤊ 1⤋
No, it only means that you are providing more than half his income.
2007-06-28 10:56:39 · answer #3 · answered by Anonymous · 1⤊ 0⤋
No in no way are you liable.
2007-06-28 11:20:28 · answer #4 · answered by ALASPADA 6 · 0⤊ 0⤋
No way.
2007-06-28 10:59:40 · answer #5 · answered by acmeraven 7 · 0⤊ 0⤋