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Beartracks

(12,814 posts) Mon May 4, 2020, 05:52 PM May 2020

Is there any reason to list someone as a dependent on my Form 1040 if...

... they don't qualify for the Earned Income Credit _or_ the "Other Dependent" credit?

It's a 25+ relative who earned a bit too much to pass the test for the Other Dependent credit. If this person doesn't net me any tax relief, should I even bother listing them on the tax form?

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Is there any reason to list someone as a dependent on my Form 1040 if... (Original Post) Beartracks May 2020 OP

I don't see any reaason to list them. lastlib May 2020 #1

Providing house, utilities, internet and most food. Beartracks May 2020 #2

lastlib

(23,233 posts)

1. I don't see any reaason to list them.

Reply to Beartracks (Original post)

Tue May 5, 2020, 05:12 AM

May 2020

I presume you don't pay at least half of their support?
Maybe if you pay for their health insurance, but I'm not familiar with the rules there.

Beartracks

(12,814 posts)

2. Providing house, utilities, internet and most food.

Reply to lastlib (Reply #1)

Wed May 6, 2020, 12:56 AM

May 2020

It's definitely over half.

A CPA friend has now told me we can't claim him because he earned over the (stupidly low) limit of $4200 gross in taxable income.

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