Comments on: Do my parents have to claim me as a dependent on their taxes in order for me to stay on their health insurance?

By: Judy1

Judy1 — Fri, 12 Jun 2009 11:26:10 +0000

They probably can’t keep you on their insurance if you aren’t claimed as a dependent – depends on the policy though. But if they aren’t entitled to claim you and the policy requires that you are a dependent, then having you on their insurance is breaking the insurance company rules so if you actually had a claim, you wouldn’t be covered for it since the coverage and claim would be fraudulent. The ins co probably wouldn’t even check if you had a $50 claim, but would if you had a large one.

For most insurance companies, if you aren’t a dependent or are but aren’t in school full time, they have an age cutoff, usually 19. Have your dad check the policy.

By: hrblock.laura

hrblock.laura — Wed, 10 Jun 2009 10:35:38 +0000

For them to claim you on their return as a dependent, you can not have provided over 50% of your own support. Could this be possible? Who is paying for your college, living expenses, and all other expenses?

Then if they don’t qualify to claim you as a dependent, the insurance company will not let you stay on the policy. This is a standard for insurance companies now.

Laura H – H&R Block – Senior Tax Advisor 5
**This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you provided.

By: CarVolunteer

CarVolunteer — Mon, 08 Jun 2009 14:45:40 +0000

My insurance would cover my son in cases where he was not a dependent (similar to yours). However, if he was not a dependent by IRS terms, I was supposed to inform the company and they would tell me how much of the insurance coverage was taxable income to me. In my son’s case we didn’t quite get to the point of his not being a dependent when he got a job and got his own coverage, but I had done the research.

By: bud68

bud68 — Sun, 07 Jun 2009 06:15:36 +0000

That depends on the terms of their insurance policy.

By: Charles G

Charles G — Thu, 04 Jun 2009 04:18:43 +0000

It would depend on the insurance “contract.”

The insurance company does not have direct access to your or your parent’s tax return, but can request copies from your parents if there is any dispute. If the insurance spells out that you must be a DEPENDENT, then you do. If it just says “full time student under 24″ but doesn’t say dependent, then you don’t.

By: Jss

Jss — Mon, 01 Jun 2009 21:00:18 +0000

If you are under 24 and your parents provided more than half of your support, then they can claim you as Qualifying Relative.
With 30K income, it is hard that your parents provided more than half of your support.
Read the requirements