Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 10-28-2014, 07:38 PM
Junior Member
 
Join Date: Oct 2014
Posts: 3
Death benefits?

My fiance has been living with me for over three years now, a long with her two kids under 18, she is also receiving ssi/death benefits. Now my question is can I claim her on my taxes without her getting into trouble with over the ssi?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 10-29-2014, 03:19 AM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
Quote:
Originally Posted by bones281 View Post
My fiance has been living with me for over three years now, a long with her two kids under 18, she is also receiving ssi/death benefits. Now my question is can I claim her on my taxes without her getting into trouble with over the ssi?
it depends;you can claim an unrelated person as your dependent as a qualifying nonrelative rule only if all of the following conditions are met:

1. She is a US citizen or resident of the US, Canada or Mexico.

2. She is not the Qualifying Child / qualifying relative of another taxpayer.

3. She does not file a joint return with another taxpayer.

4. She lived in your home for the entire tax year.

5. The person had less than the personal exemption amount ($3,900 for 2013) in gross income (excluding only non-taxable Social Security benefits,i.e, SSI/death benefits) for the entire year. Gross income includes all income from all sources before any deductions whatsoever, including normal business expense deductions.
6. Cohabitation is legal where you live.
7. You can prove you paid for more than half of her total support.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #3 (permalink)  
Old 10-29-2014, 06:43 AM
Junior Member
 
Join Date: Oct 2014
Posts: 3
Well I'm not sure I fully understand that, my fiance only income is the ssi/death benefits, she receives approximately $8,000 a year. So I should be able to claim her right?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #4 (permalink)  
Old 10-29-2014, 06:02 PM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
Quote:
Originally Posted by bones281 View Post
Well I'm not sure I fully understand that, my fiance only income is the ssi/death benefits, she receives approximately $8,000 a year. So I should be able to claim her right?
Soc Sec benefits are not subject to income tax , therefore do not count as her gross income aslong as they are a her sole source of income. If the only income she had for the year was her benefits, then she has no gross income at all. As long as you provide more than half her support, you can claim her as a dependent.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Death Benefit Recieved Art1 Income 2 02-08-2013 10:20 PM
Establishing FMV on Real Estate Upon Death Ernest Miscellaneous 3 01-31-2013 03:41 PM
Accelerated death benefit sfpetan Life Insurance 1 08-17-2012 04:28 PM
claim a child receiving social security death benefits TB17356BIKE Income 0 03-12-2010 10:05 PM
Update Cost Basis upon Death of Co-Owner? dldaven Capital Gains 0 10-10-2009 05:44 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.