A good general rule is that
if you can count someone as a dependent on your taxes, you can cover them through your health insurance plan
. In fact, under the Affordable Care Act, you are required to provide health insurance for anyone whom you claim as a tax dependent.
What qualifies someone as a dependent for health insurance?
Generally speaking, you can include any child who fits the following criteria: Age: Your child has to be under the age of 26. Relationship to You: For a child to qualify as your dependent, he or she needs to be your biological child, your stepchild, your adopted child, or a foster child you are taking care of.
Does my mom have to claim me as a dependent for health insurance?
Do my parents have to claim me as a tax dependent for me to be on their health plan to age 26?
No. You do not need to be a tax dependent of your parents to continue to be covered as a dependent on their health plan.
Can you claim someone as a dependent if they are on Medi-Cal?
You can claim them as a dependent
. HOWEVER, they may lose their status with Medi-Cal if the household income they are included in is too high.
What do my parents get for claiming me as a dependent?
Once your parents claim you as a dependent on their tax return, your parents will also claim
all scholarships, grants, tuition payments, and your 1098-T on their tax return
. In addition, your parents will also be able to claim all eligible educational tax credits.
Can you claim an adult as a dependent?
How does an adult child qualify as a dependent?
You can claim an adult child under age 19 (or age 24 if a student) as a “qualifying child” on your tax return
. You must be the only one claiming them, they must live with you more than half the year, and you must financially support them.
What if someone can claim me as a dependent but does not?
The rule is that if someone “can” claim you as a dependent,
you must check the box
. It is not, did or will someone claim you as a dependent. There is nothing that requires your parents to claim you as a dependent if you qualify, they will just be giving up a $500 credit (potentially).
When should I stop claiming my child as a dependent?
The federal government allows you to claim dependent children
until they are 19
. This age limit is extended to 24 if they attend college.
Can I add my girlfriend to my health insurance?
First, if you are simply wondering if you're able to purchase a health insurance policy for a girlfriend or boyfriend in the open market, the answer is “yes.” In fact,
you can purchase a policy for just about anyone
.
Who can I claim as a dependent?
You may be eligible to claim
both your niece and her son
as dependents on your return. In order to claim someone as your dependent, the person must be: Either your qualifying child or qualifying relative. A U.S. citizen, U.S. resident, U.S. national or a resident of Canada or Mexico.
Is my wife a dependent or beneficiary?
For example, if you will be including your spouse in your medical coverage and designating him or her as a recipient of your life insurance, then
your spouse is both a dependent and a beneficiary
. The person or entity that you designate as a beneficiary, however, may or may not be an eligible dependent.
Who is a dependent under the Affordable Care Act?
Dependent status under the Affordable Care Act is based on the relationship between a child and a health care plan participant. Specifically, a dependent is
an individual who is the son, daughter, stepson or stepdaughter of the employee
.
What are the 6 requirements for claiming a child as a dependent?
A child must meet all 6 of these requirements in order to be considered your IRS Qualifying Child: Relationship: The person must be your daughter, son, stepdaughter, stepson, foster child, sister, brother, half-sister, half-brother, stepsister, stepbrother, or a descendant of any of these such as a niece or nephew.
Can you claim a dependent over 18?
Can you claim someone as a dependent if they are over 18?
Yes, a qualifying relative can be of any age provided they meet the other qualifications regarding relationship, residence and income
.
Will claiming my parents as dependents jeopardize their eligibility for Medi-Cal?
If you claim your parents as dependents
it will not affect their eligibility for Medi-Cal
. However, keep in mind that if you pay their entire rent, the amount you pay could be considered in-kind income, which could affect their eligibility (22 CCR 50509, 50511).
Should my parents claim me as a dependent?
How to Dispute Dependency. There is not really a choice as to whether you are a dependent or if you file independently.
If you don't meet all of the seven criteria as outlined in the dependency test, then you cannot be claimed by your parents as a dependent
. If you do, your parents should claim you on their taxes.
Can my mom claim me as a dependent if I don't live with her?
Certain relatives may qualify as dependents even if they don't live with you
: Children (including legally adopted), stepchildren, foster children, or any of their descendants. Siblings, including half and step siblings. Parents and their direct ancestors (excluding foster parents)
Can I claim my 30 year old son as a dependent?
Yes- it seems you are eligible
. To claim an older child as a dependent, you need to meet all of these tests: Not a qualifying child test, Yes, he's too old to count for this test.
What is the benefit of claiming a dependent?
If you can claim someone as a dependent, certain deductions you can get will
lower the amount of income you can be taxed on
. If you qualify for a tax credit related to having a dependent, your tax liability will shrink and you may even be able to redeem the credit for a tax refund.
Can my boyfriend claim me as a dependent on his taxes?
You can claim a boyfriend or girlfriend as a dependent on your federal income taxes if that person meets the IRS definition of a “qualifying relative.”
Who qualifies for the $500 dependent credit?
The maximum credit amount is $500 for each dependent who meets certain conditions. For example, ODC can be claimed for:
Dependents of any age, including those who are age 18 or older. Dependents who have Social Security numbers or individual taxpayer identification numbers
.
Can a 21 year old be claimed as a dependent?
To claim your child as your dependent, your child must meet either the qualifying child test or the qualifying relative test: To meet the qualifying child test,
your child must be younger than you and either younger than 19 years old or be a “student” younger than 24 years old as of the end of the calendar year
.
Can my daughter file taxes if I claim her?
Yes, your daughter would file her own income tax return to get a refund
. If your daughter got a W-2 for 2016 and had federal income tax withheld, she should file a federal income tax return to get money back (refund).
