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No. The form 1098-T has the "half time box" because half time is the minimum to qualify for the American Opportunity Credit.
You can not look to form 1098-T to answer your question about your student qualifying as your dependent. Your student must be Full Time to be a Qualifying Child Dependent. Full Time is defined by the school, but is usually 12 semester hours.
There are two types of dependents, "Qualifying Children"(QC) and standard ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, student status, a relationship test and residence test. Only a QC qualifies a taxpayer for the Earned Income Credit and the Child Tax Credit. They are interrelated but the rules are different for each.
If your child does not qualify as a QC, because he is not a full time student, he may still be a qualifying relative if his income is less than $4150.
No. The form 1098-T has the "half time box" because half time is the minimum to qualify for the American Opportunity Credit.
You can not look to form 1098-T to answer your question about your student qualifying as your dependent. Your student must be Full Time to be a Qualifying Child Dependent. Full Time is defined by the school, but is usually 12 semester hours.
There are two types of dependents, "Qualifying Children"(QC) and standard ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, student status, a relationship test and residence test. Only a QC qualifies a taxpayer for the Earned Income Credit and the Child Tax Credit. They are interrelated but the rules are different for each.
If your child does not qualify as a QC, because he is not a full time student, he may still be a qualifying relative if his income is less than $4150.
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