Question

The three tests that must be met to qualify as a qualifying relative are:___, ___, and ___. (Each blank may contain more than one word).

Answer 1

To qualify as a qualifying relative, the person must have a specific relationship to the taxpayer, their income must be below a certain threshold, and the taxpayer must provide more than half of their support.

Step-by-step explanation:

To qualify as a qualifying relative, three tests must be met:

1. The person must have a specified relationship to the taxpayer, such as a child, stepchild, sibling, or parent.
2. The person's gross income must be below a certain threshold set by the IRS.
3. The taxpayer must provide more than half of the person's total support for the year.

For example, if a student's parent financially supports them and they do not earn income above the set threshold, they may qualify as a qualifying relative for tax purposes.