What tests are required to be met for an individual to qualify as a Qualifying Relative?

The qualifications for a Qualifying Relative involve specific tests that must be satisfied. The correct answer focuses on the Support, Gross Income, and Relationship tests.

To elaborate, the Support test stipulates that the taxpayer must provide more than half of the individual's total support during the year. The Gross Income test requires that the person's gross income must be less than the exemption amount set for the tax year; for 2023, this amount is $4,400. Finally, the Relationship test states that the individual must either be related to the taxpayer in a specified way (such as a child, sibling, parent, or other relatives) or live with them as a member of their household for the entire year.

While the other options mention different components, they do not encompass the necessary criteria fully as outlined in the IRS rules for determining a Qualifying Relative. For instance, the Age test is not relevant since it is primarily applicable to children, not relatives. Similarly, simply being a member of the household does entail certain conditions, but it is not one of the three primary tests needed to establish someone as a Qualifying Relative.