From:  Paul
Date:  Sat, 16 Apr 2005

Sirs, Ladies,

Is it true that if you provide more than one-half the support of your grandchildren, you can claim them as dependents?

Thanks.

Answer

Date:  Mon, 02 May 2005

Hello Paul,

Yes. When the grandchildren have living parents, you should coordinate claiming the exemption with them. The IRS can check the social security numbers for the dependents to be sure they aren't being claimed on more than one income tax return.

Good luck!
Mike Gray

For answers to new questions, subscribe to our newsletter, Michael Gray, CPA's Tax & Business Insight by filling out the form below.

IRS Circular 230 Disclosure: As required by U.S. Treasury Regulations, you are hereby advised that any written tax advice contained on this website was not written or intended to be used (and cannot be used) by any taxpayer for the purpose of avoiding penalties that may be imposed under the U.S. Internal Revenue Code.