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monki3lov3r101 OP t1_iu8uan1 wrote

Reply to comment by March_Latter in Mass Save by monki3lov3r101

See this is the difficult part for my brain to comprehend. We all earn and live in the house but we don’t pool money together for expenses. Which theoretically is a household when you pool together for expenses. But it’s also a single family house and not multi unit. 🥴 but I’m also the homeowner so I wonder if it would be based off of me only?

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SocoCocoPuffs t1_iu8xben wrote

The tax definition of a household is the taxpayer(s) and any individuals who are claimed as dependents on one federal income tax return. A tax household may include a spouse and/or dependents.

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frankybling t1_iu8xln6 wrote

they go by the taxes filed… so like for my family of 5 there were 2 incomes and 3 dependents taken into account. If you don’t file as Head of Household then it will just go by your tax status.

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March_Latter t1_iu8z4ye wrote

Call them, because even my mother with more income and assets than most got an amazing deal from them. I doubt you will be unhappy after they give you the price.

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jp_jellyroll t1_iu98r1x wrote

A household requires a familial (or otherwise legalized) relationship -- your legal spouse, children/guardians, an elderly parent or in-law living with you, etc. You are living with roommates and none of you have a legal or financial obligation to each other. You can't claim each other as dependents.

If you are not related, not married, and not in an otherwise legal relationship (child/guardian), then you all cannot claim to be in a singular household for tax & benefits purposes.

I mean, this is/was literally a huge reason why gay marriage is/was such a contested political issue. Gay couples couldn't get legally married at one point so they were not eligible for any familial/spousal benefits. As you can see, that's a very big deal just in terms of financials.

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