- 4 - provided by all sources for the relevant year must be established by competent evidence. Blanco v. Commissioner, supra at 514. To determine whether a taxpayer provided more than half of the support for a dependent, the amount of support provided by the taxpayer is compared to the dependent’s total amount of support. Sec. 1.152-1(a)(2)(i), Income Tax Regs. The value of support in the form of lodging is measured by its fair rental value. Blarek v. Commissioner, 23 T.C. 1037, 1039 (1955). We found petitioner to be forthright and candid and his testimony to be credible. Petitioner testified about various amounts he expended to support Amy. Petitioner, however, did not establish the fair rental value of the lodging supplied by Ms. Lear, nor did petitioner establish the total amount of support provided for Amy in 2000. We therefore sustain respondent’s determination that petitioner is not entitled to a dependency exemption deduction for Amy. Earned Income Credit Section 32(a)(1) allows an eligible individual an earned income credit against the individual’s income tax liability. An “eligible individual” is defined as either “any individual who has a qualifying child for the taxable year” or any individual who does not have a qualifying child and who meets the requirements of section 32(c)(1)(A)(ii). Merriweather v. Commissioner, T.C. Memo. 2002-226. A “qualifying child” isPage: Previous 1 2 3 4 5 Next
Last modified: May 25, 2011