Substantial financial support definition
Substantial financial support means financial support in an amount which equals or exceeds that
Substantial financial support means financial support in an amount which equals or exceeds that required to qualify the individual to be listed as a dependent on federal and state income tax returns.
Substantial financial support means the amount of support which equals or exceeds the amount necessary to qualify the individual to be listed as a dependent on federal and state income tax returns. The person claiming the student as a dependent must provide more than half of the student’s total support. Total support includes amounts spent to provide food, lodging, clothing, education expenses, medical and dental care, recreation, and transportation. It also includes welfare, food stamps, and housing provided by the state in addition to all taxable and nontaxable income. Expenses, such as the cost of food for a household, must be divided among all members of the household and the lodging expense is the fair rental value of the lodging.
More Definitions of Substantial financial support
Substantial financial support means the amount of financial support received by a student that qualifies for being listed as a dependent on federal and state income tax returns, whether or not the parents do claim the student for tax purposes. Total support includes amounts spent to provide food, lodging, clothing, education expenses, medical and dental care, recreation, and transportation. It also includes welfare, food stamps, and housing provided by the state in addition to all taxable and nontaxable income. Expenses, such as the cost of food for a household, must be divided among all members of the household and the lodging expense is the fair rental value of the lodging. Federal parent PLUS loans, trusts, nonmarket rate employment income, and any other funds originating from a parent may considered as forms of parental support.
Substantial financial support means financial support in an any amount which equals or exceeds that required to qualify the individual of financial support received by a student that qualifies him to be listed as a dependent on federal and state income tax returns.
Substantial financial support means any amount of financial support received by a student that qualifies him to be listed as a dependent on federal and state income tax returns.
Substantial financial support means the amount of support which equals or exceeds the amount necessary to qualify the individual to
Substantial financial support means the amount of support which equals or exceeds the amount necessary to qualify the individual to be listed as a dependent on federal and state income tax returns.
Substantial financial support means the amount of support which equals or exceeds the amount necessary to qualify the individual to be listed as a dependent on federal and state income tax returns. The person claiming the student as a dependent