Millie, age 80, is supported during the current year as follows: $$\begin{array} { l c }
& \text { Percent of Support } \
\text { Weston (a son) } & 20 \% \
\text { Faith (a daughter) } & 35 \% \
\text { Jake (a cousin) } & 25 \% \
\text { Brayden (unrelated close family friend) } & 20 \%
\end{array}$$ During the year, Millie lives in an assisted living facility.Under a multiple support agreement, indicate which parties can qualify to claim Millie as a dependent.

Question

Millie, age 80, is supported during the current year as follows: $$\begin{array} { l c } 
& \text { Percent of Support } \
\text { Weston (a son) } & 20 \% \
\text { Faith (a daughter) } & 35 \% \
\text { Jake (a cousin) } & 25 \% \
\text { Brayden (unrelated close family friend) } & 20 \%
\end{array}$$ During the year, Millie lives in an assisted living facility.Under a multiple support agreement, indicate which parties can qualify to claim Millie as a dependent.

Quizplus · Accepted Answer

To qualify to claim Millie as a dependent under a multiple support agreement, the parties involved must collectively contribute more than 50% of Millie's support. Weston, Faith, Jake, and Brayden collectively contribute 100% of Millie's support. However, only individuals who contribute more than 10% can be part of the agreement. Jake and Brayden, being a cousin and an unrelated friend, respectively, cannot claim Millie as a dependent for tax purposes, leaving only Weston and Faith (family members) eligible under the agreement, assuming all other IRS requirements are met.

Millie, Age 80, Is Supported During the Current Year as Follows