Message Font: Serif | Sans-Serif
No. of Recommendations: 0
2. Realize that it is HIS return that was wrong by claiming his exemption. He is under 19. His parents, (or in this case the legal guardian) is entitled to his personal exemption.

Under 19, check. Relationship test, check. Not providing half his own support, probably true but hard to get real world numbers.

But there's the residency test. He only lived with his guardian for 5 months and a week, less than half the year. It wasn't stated that he was away at school; is there some other reason he would be considered to have lived with the guardian more than half the year?

If he fails the residency test, he's not a qualifying child; and earnings of $6500 would keep him from being a qualifying relative. In this case, it would be the guardian's return that is in error. An unfortunate answer, to be sure, as his exemption likely has a bigger impact on the guardian's return than on his own; but there it is.

Is there something I'm missing here?

Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.