My 23-year-old daughter was a full-time graduate student until last May, and then took one last class in July and finished in August, getting her degree. She began renting her own apartment on July 1 (we paid for the first month), and she started a full-time job on July 8. Given this, is she a "qualifying child"?
The IRS rules here aren't clear on when someone officially leaves your household. https://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/qualif[product key remov...
You'll need to sign in or create an account to connect with an expert.
Unfortunately, the IRS does not give any other further guidance on the residency question. The bottom line is "more than half the tax year". While she was still a student in August, and despite the fact that you paid the first month rent, she moved into an apartment on July 1.
The only other option is Qualifying Relative, but it is almost certain she made too much money.
Qualifying Relative
You can claim a child, relative, friend, fiancé (etc.) as a dependent on your 2019 taxes as long as they meet all of the following requirements :
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17566711928
New Member
revisedcostrategies
New Member
kemashacoka
New Member
mharwood021
New Member
user26879
Level 1