Financially independent definition

Financially independent means a person who has not been and will not be claimed as an exemption for federal income tax purposes under Section 152 of the Internal Revenue Code (26 U.S.C. § 152) by another person, except his or her spouse, for the most recent tax year.
Financially independent means a person who has not been and will not be claimed as an exemption for federal income tax purposes under Section 152 of the Internal Revenue Code (26
Financially independent means a person who has not been and will not be claimed as an exemption, and has not received and will not receive financial assistance in cash or in-kind of an amount equal to or greater than that which will qualify him or her to be claimed as an exemption, for federal income tax purposes under Section 152 of the Internal Revenue Code (26 U.S.C. § 152) by another person, except his or her spouse, for the current calendar year and for the calendar year immediately prior to the date of matriculation or the date a person applies for reclassification as a resident student as provided in these regulations.

Examples of Financially independent in a sentence

  • Financially independent students who do not have a partner The income of the student is the income that will be assessed.

  • Financially independent full- time students must be able to demonstrate that they are not claimed as a dependent on anyone else's tax return and show financial self-sufficient status by means of verifying documentation such as tax returns and W-2s, and additional information to demonstrate financial independence.

  • Help me be Financially independent The variance relates to funding originated from a grant obtained from the government by Warmer Worcestershire via WCC to be spent on Park Homes insulation within the Bromsgrove District however there are currently no suitable projects to spend this grant therefore officers request that the budget is retained until suitable projects are available.

  • Financially independent residents must be able to demonstrate that they are not claimed as a dependent on anyone else's tax return and show financial self-sufficient status by means of verifying documentation such as tax returns and W-2s and additional information to demonstrate financial independence.

  • Before the actual small group discussion (SGD) took place, the researcher did a pilot interview to one of the former student leaders in one of the target Islamic institutions.

  • Financially independent, Japanese firms were able to conduct research on their own.

  • Controversially, I am of the view that by 30 years old one must have built their first house, by 40 have harvested the first fruit from their farm, by 50 hit their first K1 000 000 net worth, by 55 ready to retire and by 60 giving back to society- Financially independent.

  • Scholarship amounts are outlined in the tables below on paragraph 15;f) Financially independent student with commuter status: Scholarship amounts equals to the amount established for students with non-resident status: the amount is calculated as indicated in letter a), b) and c) of paragraph 3; an amount of €500.00 is necessarily deducted from the total amount of the scholarship for the canteen service, and it will be paid to Venice ESU whether or not students use the service.

  • Financially independent students should NOT complete this section of the petition.

  • Financially independent teens must apply for regular Medi- Cal and minors who already have full Medi-Cal cannot be issued Minor Consent Medi- Cal, but may obtain an “immediate need” paper card if they need confidential services.


More Definitions of Financially independent

Financially independent means a person who has not been and
Financially independent means a person who has not been and will not be claimed as an exemption, and has not received and will not receive financial assistance in cash or in-kind of an amount equal to or greater than that which will qualify him or her to be claimed as an exemption, for federal income tax purposes under Section 152 of the Internal Revenue Code (26 U.S.C.-

Related to Financially independent

  • politically exposed person means any individuals connected to any prominent public functions, as well as their immediate family members and close associates.