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Credit for Other Dependent

Hey, Did you know that you can claim someone not related to you?

By claiming the other dependent credit, your tax bill may be lowered!

The maximum credit amount is $500 for each dependent.

In order to qualify the dependent must have lived with you for at least 6 months and must not have any gross income for the year over $4,000.

The credit begins to phase out when:

  • The taxpayer's income is more than $200,000.

  • For married couples filing a joint tax return, at $400,000.

Unsure if you’re eligible for this credit, contact us today and find out.

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