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Old 08-02-2014, 05:58 AM
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Questions on claiming my two adult children for 2014

I am 61 and work for a govt. contractor. They provide medical coverage for qualified members of my family through UHC. I have two unemployed adult sons. one is 24, hasn't worked all year. He will likely be living with us, and wholly dependent on me, all year. He has medical coverage through my employer, at least for a little while longer. He is not going to school. The other son is age 27, has been dropped from my company insurance for a year. He worked until late in June of this year, and then was terminated. Wouldn't surprise me if he does not find employment for the rest of this year. He is married, he and his wife and their two young kids have lived with us since mid-2013. His wife had a min. wage job, but is not working as of 8-01. Neither he nor his wife will be attending school this year either. Since she had a job for 7 months of this year, I guess I cannot claim her as an exemption. So I have those three adults wholly dependent on me, and the older son has two children---my grandchildren--- that are also living with me, and are also wholly dependent on me for all of this year.
So I am thinking I have the two sons, although of adult age, and my two grand-kids as exemptions, plus myself and my wife. Total of 6.
I have heard that sometime soon----2014 tax returns?---everyone will have to furnish proof of acceptable medical insurance coverage for all dependents. This is not a problem for the younger son, but I have no financial ability to provide medical coverage for the older son and his wife, and they do not qualify for medicaid (their two kids do, however). So older son and wife have none. So if I must provide proof of med. coverage for the older son if I claim him as a dependent/exemption, I am screwed. I guess I would then be liable for the fine. Opinion? Advice? Thanks



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Old 08-02-2014, 05:01 PM
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Originally Posted by Jimigunne View Post
I am 61 and work for a govt. contractor. They provide medical coverage for qualified members of my family through UHC. I have two unemployed adult sons. one is 24, hasn't worked all year. He will likely be living with us, and wholly dependent on me, all year. He has medical coverage through my employer, at least for a little while longer. He is not going to school. The other son is age 27, has been dropped from my company insurance for a year. He worked until late in June of this year, and then was terminated. Wouldn't surprise me if he does not find employment for the rest of this year. He is married, he and his wife and their two young kids have lived with us since mid-2013. His wife had a min. wage job, but is not working as of 8-01. Neither he nor his wife will be attending school this year either. Since she had a job for 7 months of this year, I guess I cannot claim her as an exemption. So I have those three adults wholly dependent on me, and the older son has two children---my grandchildren--- that are also living with me, and are also wholly dependent on me for all of this year.
So I am thinking I have the two sons, although of adult age, and my two grand-kids as exemptions, plus myself and my wife. Total of 6.
I have heard that sometime soon----2014 tax returns?---everyone will have to furnish proof of acceptable medical insurance coverage for all dependents. This is not a problem for the younger son, but I have no financial ability to provide medical coverage for the older son and his wife, and they do not qualify for medicaid (their two kids do, however). So older son and wife have none. So if I must provide proof of med. coverage for the older son if I claim him as a dependent/exemption, I am screwed. I guess I would then be liable for the fine. Opinion? Advice? Thanks

I am 61 and work for a govt. contractor. They provide medical coverage for qualified members of my family through UHC. I have two unemployed adult sons. one is 24, hasn't worked all year. He will likely be living with us, and wholly dependent on me, all year. He has medical coverage through my employer, at least for a little while longer. He is not going to school.======>>>>>>>>>>>>you can STILL claim him(regardless of his age) as your dependent NOT as a qualifying child BUT as a qualifying relative UNLESS he has gross income exceeding $3.95K for 2014. Before you claim your married child, however, you must satisfy all requirements of the "qualifying relative" test.




The other son is age 27, has been dropped from my company insurance for a year. He worked until late in June of this year, and then was terminated. Wouldn't surprise me if he does not find employment for the rest of this year. He is married, he and his wife and their two young kids have lived with us since mid-2013. His wife had a min. wage job, but is not working as of 8-01. Neither he nor his wife will be attending school this year either. Since she had a job for 7 months of this year, I guess I cannot claim her as an exemption. =======>>>>>>> In general, you cannot claim your child as a dependent if he is married and files a joint tax return with his spouse, even if all other qualifying child requirements are satisfied. However, the IRS provides one exception when the couple files a joint return for no reason other than to obtain a tax refund. If claiming your married child as a dependent under this exception, you must ensure that neither your child nor his spouse would have a tax liability if they file separate returns rather than a joint one.If yes, then you can’t claim him/her as a dependent on our return.

So I have those three adults wholly dependent on me, and the older son has two children---my grandchildren--- that are also living with me, and are also wholly dependent on me for all of this year.
So I am thinking I have the two sons, although of adult age, and my two grand-kids as exemptions, plus myself and my wife. Total of 6. ==========>> You could not claim your grandkids as qualifying children but you could still claim them as qualifying relatives aslongas the children lived with you the entirety of 2014, their parents are unable to claim them on their 2014 taxes,; aslongas your dil/ the oldest son are your dependents the can’t claim their kids, youir grand kids, on their returns but you can claim them all,your kid, dil, grand kids on your return aslongas you meet the requirements in claiming dependents.



I have heard that sometime soon----2014 tax returns?---everyone will have to furnish proof of acceptable medical insurance coverage for all dependents. ===========>>>>>>>>not that I know of.



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