Beyond children and parents, other individuals may qualify as dependents for tax purposes. Eligibility depends on factors such as income, financial support, and living arrangements.
Key Points to Know
- Who can qualify
- Not limited to children or parents
- May include other relatives—or in some cases, non-relatives
- Key qualifying factors
- The person’s income level
- How much financial support you provide
- How long the person lives with you during the year
- Non-relatives may qualify
- In certain situations, a non-relative who lives with you all year as a member of your household may be considered a dependent
- Why it matters
- Claiming a dependent can affect tax credits, deductions, and filing status