Page 87 - Dependents for Individuals

Support Test (To Be a Qualifying Relative)

You must figure whether you provided more than half of a person's support.

Property. Capital expenses. Medical insurance premiums

 Property provided as support is Capital items, such as furniture, Medical insurance premiums you pay,
measured by its fair market value. appliances, and cars, bought for a including premiums for supplementary
Fair market value is the price that person during the year can be Medicare coverage, are included in
property would sell for on the open included in total support under certain the support you provide.
market. circumstances.
 It is the price that would be agreed
upon between a willing buyer and
a willing seller, with neither being
required to act, and both having
reasonable knowledge of the
relevant facts.
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