Did You Support Yourself In 2017

Decode the IRS definition of "support" and use the 50% test to resolve dependency status, exceptions, and tax consequences. The single question Did you support yourself? is one of the most critical inquiries for determining dependency status on an annual tax return. As you complete your return using tax software, you may be asked if you supported yourself.

Basically, the question serves to determine if you might be eligible for a tax break. One such... Where do I find the question, "Did you support yourself in 2017"? I saw it earlier and now can't find it.

Thanks. TurboTax Free Edition Online posted Did you support yourself in 2017; military? Yes, I supported myself in the military in 2017.

Don't include any social security benefits unless (a) you are married filing a separate return and you lived with your spouse at any time during 2017 or (b) one-half of your social security benefits plus your other gross income and any tax-exempt interest is more than $25,000 ($32,000 if married filing jointly). In 2017 I made $25,000 and gave $10,000 towards rent and bills. The rest I spent on food or other expenses or saved.

The rent and bills for the whole family comes to about $2,500 per month. I don't know how much my sisters paid of that. Even though you may not live at home and only see your parents on school breaks, the Internal Revenue Service (IRS) considers you a dependent for tax purposes if they provide more than half your financial support.

Generally, the parent providing more than half of your support and with whom you lived longer can claim you. Since you supported yourself until , and then became a full-time student, eligibility depends on financial support and residency during the year. Thats what you did.

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