Jun
03
2015
03
2015
Dependents from a Tax Perspective: What is “Total Support”?
Is your child a student under the age of 24? Does your child not live at home? You may still be able to claim him or her as a dependent if you provided over one-half of their total support in a given year.
The following items are included in total support:
- Food, clothing, and recreation.
- Amounts received under the GI Bill for tuition payments and allowances.
- Medical insurance premiums and medical and dental care.