She is 18 and will be 19 in March 2023. She graduated in May 2022 and is taking a gap year before college. Her wages are reported on a W-2.
I understand that if I claim her on my return that I do not report her income, but I imagine that there will be credits that we will lose if we don't claim her, and I don't know what changes there will be post covid. I haven't studied up on changes yet.
I tried taking her out of 2021 to get an idea, but there were advanced childcare tax credits, and a lot of things that were different than 2020. It swung us from a 2300.00 refund to a payment of 2400.00. That seems too severe. I must have missed adjusting something. Post pandemic, I don't know what to expect.
