Can Jia's Parents Claim Her as a Dependent?
What are the requirements for parents to claim Jia as a dependent?
1. Jia's parents can claim her as a dependent.
2. Jia is a full-time student at an out-of-state university.
3. Jia earned $4,000 of income working part-time during the year.
4. Jia's support totaled $30,000 for the year.
5. Jia's parents paid $14,000 of her support.
6. Jia is under 24 years old.
Explanation:
Jia's parents can claim her as a dependent according to the IRS rules. Since Jia is a full-time student and under the age of 24, she meets the criteria to be claimed as a dependent by her parents. The income limitation also applies in this case, as Jia's part-time job income of $4,000 is below the limit set by the IRS.
To be considered a dependent, a child must meet certain criteria set by the IRS. In Jia's case, she qualifies to be claimed as a dependent by her parents because she is a full-time student and under the age of 24. This means that her parents can include her in their tax return.
The income limitation for dependents also plays a role in determining whether Jia can be claimed by her parents. Since Jia's income from her part-time job is $4,000, which is below the limit set by the IRS, she satisfies this requirement as well.
Additionally, the support provided by Jia's parents, which amounts to $14,000, is more than half of her total support for the year. This further solidifies the fact that Jia can indeed be claimed as a dependent by her parents.
Therefore, based on the information provided, it is accurate to say that Jia's parents can claim her as a dependent without any issues. This is in line with the IRS regulations regarding dependent qualifications.