- 4 - Baker received a total of $600 per month from the Federal Government and the State of California. Section 151(c) allows an annual exemption amount for each dependent whose gross income for the taxable year is less than the exemption amount, or who is a child of the taxpayer and is a student who has not attained the age of 24 at the close of such calendar year. Sec. 151(c)(1)(A), (B)(ii). Dependents are generally defined as individuals who receive over half of their support from a taxpayer in the calendar year in which that taxpayer's taxable year begins. Sec. 152(a). Individuals listed under this general definition include both mothers and daughters. Sec. 152(a)(1), (4). To determine whether a taxpayer has furnished over half of an individual's support, there must be included the cost of food, shelter, clothing, medical and dental care, education, and the like. Sec. 1.152-1(a)(2)(i), Income Tax Regs. Support also includes any amount which that individual has contributed for his or her own support, including amounts ordinarily excludable from gross income, in whole or part, such as Social Security benefits. Sec. 1.152-1(a)(2)(ii), Income Tax Regs. With respect to petitioner's claim that his daughter, Jacqueline, was his dependent in 1990, the record indicates that she earned $11,555 in wage income, an amount which exceeded the exemption amount for that year. Furthermore, although Jacqueline was a student, she reached age 24 during that year.Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 Next
Last modified: May 25, 2011