Discussion:2006 Dependent Income limitation

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{{ForumNewPost|UserID=Amaized1|Date=18 November 2005|Text=Does anyone know what the income limitation is for 2006 for claiming a dependant? 2005 was $3200. Any help is greaatly appreciated. {{ForumNewPost|UserID=Amaized1|Date=18 November 2005|Text=Does anyone know what the income limitation is for 2006 for claiming a dependant? 2005 was $3200. Any help is greaatly appreciated.
Thanks}} Thanks}}
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 +{{ForumReplyPost|UserID=Snooks|Date=18 November 2005|Text=The old five test of dependency has now changed. We now have what is called the "Uniform Definition of a Qualifying Child". I am still trying to understand the new law. The U of I tax material states "The qualifying child test eliminates the gross income and support test, except for a child who provides more than half of his own support. These test were replaced with the residency test". I just looked and the new Pub 17 isn't available yet, but it would be my guess that it will help claify these new rules. }}

Revision as of 15:39, 18 November 2005

Discussion Forum Index --> Tax Questions --> 2006 Dependent Income limitation

Amaized1 (talk|edits) said:

18 November 2005
Does anyone know what the income limitation is for 2006 for claiming a dependant? 2005 was $3200. Any help is greaatly appreciated.

Thanks

Snooks (talk|edits) said:

18 November 2005
The old five test of dependency has now changed. We now have what is called the "Uniform Definition of a Qualifying Child". I am still trying to understand the new law. The U of I tax material states "The qualifying child test eliminates the gross income and support test, except for a child who provides more than half of his own support. These test were replaced with the residency test". I just looked and the new Pub 17 isn't available yet, but it would be my guess that it will help claify these new rules.
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