Seems we can't declare her as a dependent, & even though we paid $3800 in tuition, looks like federally we can't claim that expense. Trying to reduce my tax liability. Am I missing something?
Yes, you can still claim your 22 year old full time college student as a dependent.
Here are the qualifications:
* be your child (or adoptive or foster child), sibling, niece, nephew or grandchild;
* be under age 19, or under age 24 and a full-time student for at least five months of the year; or be permanently disabled, regardless of age;
* have lived with you for more than half the year; and
* have provided no more
than half his or her own support for the year.
However, because she is over 17, you will only receive a $500 tax credit, not the full Child Tax Credit of $2,000.
For more information, follow this link: Turbo Tax on Dependents
You can also claim the tuition, but educational tax credit have been reduced and have income limits.
For more information, follow this link: IRS on Education