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alrjajaj
New Member

If my son went to school full time but Graduated in June does that still count?

 
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If my son went to school full time but Graduated in June does that still count?

Yes, a full-time student if, during some part of each of 5 calendar months (not necessarily consecutive) during the calendar year, you are a full-time student at a school that has a regular teaching staff, course of study, and regularly enrolled body of students in attendance.                         

You are a full-time student if you are enrolled for the number of hours or courses the school considers to be full-time.

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4 Replies

If my son went to school full time but Graduated in June does that still count?

Yes, a full-time student if, during some part of each of 5 calendar months (not necessarily consecutive) during the calendar year, you are a full-time student at a school that has a regular teaching staff, course of study, and regularly enrolled body of students in attendance.                         

You are a full-time student if you are enrolled for the number of hours or courses the school considers to be full-time.

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**Mark the post that answers your question by clicking on "Mark as Best Answer"
Hal_Al
Level 15

If my son went to school full time but Graduated in June does that still count?

If he/she was a student (under 24) for at least 5 months and lived with you for more than half the year, and did not provide more than 1/2 his own support for the whole year, you can still claim him. Be sure he knows you're claiming him, so he doesn't claim himself. He can only be claimed once. But, he can "file taxes" without claiming his own exemption.

The real question is who should be claiming him in this "transition" year to adulthood. You two have to agree on who is going to claim his exemption. Each should do their taxes both ways and see which way the family comes out best.  Even then, you have to meet the rules. The rule is that a child of a taxpayer can still be a “Qualifying Child” dependent, regardless of  his income, if:

1. he is a full time student under 24 for at least 5 calendar months of the year (graduating in May usually means you meet the 5 month rule)

2. he did not provide more than 1/2 his own support  (scholarships are considered 3rd party support and not support provided by the student). 

3. lived with the parent (including time away at school) for more than half the year

So, it usually hinges on  "Did he provide more than 1/2 his own support in 2016.

The support value of the home you provided is the fair market rental value of the home plus utilities & other expenses divided by the number of occupants. IRS Publication 501 on page 20 has a worksheet that can be used to help with the support calculation. See: http://www.irs.gov/pub/irs-pdf/p501.pdf

alrjajaj
New Member

If my son went to school full time but Graduated in June does that still count?

Thank you, that was super helpful!!
Anita01
New Member

If my son went to school full time but Graduated in June does that still count?

Yes, A student only has to be a full-time student for any five months of the year.  Even one day, like graduation day counts as a month.

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