Question

What are the five tests that must be met for an individual to be considered a dependent as a qualifying child?

Answer 1

How to Fulfill Conditions?

There are special rules/ eequirements (5) for IndividualsPrescribed by IRS

These five requirements are:

1. Citizenship Following Condition relates to Citizenship

(i) legally adopted foreign child who now resides in the US

(ii) Individual must be a resident of US, Canada or Mexico for part os the year but mut be a US citizen,

(iii) He./ she must be , or

(iv) an adopted child living with you the entire year in a foreign country.

2. Support Following Rules relates to Supports

(i) Receive more than one-half of his/her total support from you.

3. Gross income Following Rules relates to Gross Income

(i) He/She have a gross income of more than $4,050. Note There are exceptions to this rule, which are

If the dependent is:

(a) your child, and is under age 19 on Dec 31 (Tax Year).

(b) your child, under 24 on Dec 31, (Tax Year), and a full time student for at least five months during the Tax Year

(c) a permanently and totally disabled person and receives an income for services performed for a tax-exempt organization.

4. Joint return

(i)Your dependent can't file a joint return with a spouse is you want to qualify for exemption.

5. Relationship

(i) He/ She must either be a relative or

(ii) A member of your household for the entire year.