Who Is An Eligible Dependent On Your Tax Return?

Dr Friday Tax Tips - One Minute Moment
Dr. Friday Tax Tips
Who Is An Eligible Dependent On Your Tax Return?

Dr. Friday 0:00
Good day. I’m Dr. Friday, president of Dr. Friday Tax and Financial Firm. To get more info go to www.drfriday.com. This is a one minute moment.

Dr. Friday 0:12
Who is an eligible dependent on your tax return? Many times people will sit there and they’ll talk about age and all that. It comes down to, in my opinion, pretty straightforward. They may be a child dependent or a relative dependent, basically, depending on age. But after that, who is taking care of them? If they’re earning more than $3,000 a year, they may not really be your dependant. But if you’ve got more than 50% of their income, you’re having to take food, taking care of boards, cars, all these things, you may still qualify that person as a dependent of yours. If you’ve got questions you can call 615-367-0819.

Announcer 0:52
You can catch the Dr. Friday call-in show live every Saturday afternoon from 2 pm to 3 pm right here on 99.7 WTN.