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  • 2012-13 Dependent Other Than A Spouse (e-12) Or

Get 2012-13 Dependent Other Than A Spouse (e-12) Or

Ent Other Than A Spouse (E-12) Student s Name or My VIP ID Last 4 digits of SSN You indicated on your 2012-13 FAFSA that you (the student) have a dependent other than a spouse. We need to verify the information you reported so that we may continue processing your financial aid application. Part A: Please complete the questions in the following chart. 1. Name of each dependent reported on your FAFSA Part B: 2.

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You can claim a parent as a dependent without affecting their Social Security benefits or Supplemental Security Income (SSI). Just make sure your parent meets the qualifying relative tests.

If you are financially responsible for your parent and cover more than 50% of their expenses, you may be able to claim them as a dependent. Claiming a parent as a dependent can yield valuable tax breaks, including a lower taxable income and possible deductions or credits.

The maximum credit amount is $500 for each dependent who meets certain conditions. This credit can be claimed for: Dependents of any age, including those who are age 18 or older. Dependents who have Social Security numbers or Individual Taxpayer Identification numbers.

Because you are technically filing your taxes under penalty of perjury, everything you claim has to be true, or you can be charged with penalty of perjury. Failing to be honest by claiming a false dependent could result in 3 years of prison and fines up to $250,000.

As a dependent, you are more than likely only getting back what you paid in taxes. Your parents will receive all of the tax breaks associated with claiming you as a dependent. Since they are providing over 50% of your support, they are entitled to receive the tax breaks/credits.

To meet the qualifying child test, your child must be younger than you or your spouse if filing jointly and either younger than 19 years old or be a "student" younger than 24 years old as of the end of the calendar year.

Here are the cons of claiming a parent as a dependent: More financial responsibility: To claim a parent as a dependent, you must cover more than half of their financial support. ... Sibling restrictions: Do you share the expenses of caring for a parent with a sibling?

Key Takeaways. A parent may qualify as a dependent if their gross income doesn't exceed $5,050 for tax year 2024 (increasing to $5,200 for 2025) and the support you provide exceeds their income by at least one dollar during the tax year.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232