Question

True or False: The gross income test requires that a qualifying relative's gross income for the year must be equal to or less than $5,000 for tax year 2019.

Answer 1

The statement is False. The gross income test for tax year 2019 requires that a qualifying relative's gross income must be less than $4,200 in order to be claimed as a dependent.

Step-by-step explanation:

The statement is False.

The gross income test is a requirement to determine whether a person can be claimed as a dependent on someone else's tax return. For tax year 2019, the gross income test requires that a qualifying relative's gross income for the year must be less than $4,200, not $5,000. If the qualifying relative's gross income exceeds $4,200, they cannot be claimed as a dependent.