What is the federal deduction for my full time college student in 2024 if I claim them on my taxes? In 2024, they were 23 years old, until September when they turned 24.

[MayaD]

Your full time college may qualify as dependent if they meet the requirements listed below:

Qualifying relative:

• They don't have to be related to you (despite the name).
• They aren't claimed as a dependent by someone else.
• They're a US citizen, resident alien, national, or a Canadian or Mexican resident.
• They aren’t filing a joint return with their spouse.
• They lived with you the entire year (exceptions apply).
• They made less than $5,050 in 2024.
• You provided more than half of their financial support.

When claiming your child as dependent, you may qualify for the education credit and $500 Other dependent credit