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Thank you for giving me the opportunity to assist you. I will give the best answer that I can with the information provided.
I am a little confused as to why the rental was sent on a 1099? Is this a 1099MISC? Which box is checked?
Are you saying that the daughter earned only $3600? What is the daughter's other income? How old is the daughter?
the rental income was on a 1099 because it was collected by a rental agent.
the daughter makes about 110,000 and paid more than 3660 toward her mother's living
expenses. the daughter is 30 years old
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The daughter can claim her as a dependent because the rental income is not added at gross but is taken into account at the net which is a loss.
The daughter will NOT be able to claim her mother as a dependent. Under Gross Income Rule for Dependents, the definition of Gross income includes Gross Receipts from rental property. Deductions are not used to determine gross income from rental property.
This rule can be found in 2009 Publication 17, page 33:
Please let me know if I can assist you further.
charles greier cpa has said that i can take deduction because rental income is figures at the net. help.
i trust you i used you before (take you for getting the third opnion) i already paid you correct?
note i don't know why i received multiple answers