Have a Tax Question? Ask a Tax Expert
Hello and welcome...my name is XXXXX XXXXX I will be happy to help you tonight
How are you?
Does your daughter work? IF so, does she make more than $3,900 per year?
Yes, she works and makes more than $3,900.
Basically, you can claim a deduction for your daughter if you provide over 1/2 of her total support, and she earns less than $3,900 per year
Okay, then you will not be able to claim a deduction for her and her children. She will get to claim the deduction for her children
This is not the case.
Can we claim a loss since we are not receiving rent?
No, you cannot claim a loss since you are not receiving rent.
OK - I gues that answers everything.
I'm truly sorry. I wish I had better news for you
Is there anything else I can assist you with tonight?
No, that will do it for now.
Here are some rules on claiming a relative CLICK HERE
If you would, please rate me positive so that I may receive credit for assisting you today
Thanks so much