pendta
New Member

How does one compare keeping a dependent on one's own return versus not having them as a dependent when that dependent has earnings?

My daughter has some earnings. She is our dependent due to her disability despite her age. In 2024 she has some modest earnings unlike token earnings the previous years. My wife and I file our taxes jointly till now with her as a dependent and she files taxes declaring that she is claimed as a dependent by us. How do we estimate if it is better to have her continue as our dependent or not when we file our respective taxes for 2024? Thanks