My daughter will be graduating from college in December. In the past I have claimed her as a dependent on my taxes. This year, for the first time, she received a financial aid refund check. She used some of the refund for the rent payment for her apartment, but there is still money leftover. I know that this might be considered as income. She also earns income from a part time job. My question is, should I continue to claim her as a dependent or would it be best to stop. I’m not sure how this will impact my taxes and/or hers depending on who claims this. Thanks!
