A dependent over 17 can have high income and qualify for the Other Dependent credit on your return. Let me explain the rules. Once he is 24 or not in school, the income limit will kick in.
Dependent:
The income limit is for "other dependents" those that don't meet the dependent requirements. A qualifying child - under age 24, in college, disabled, etc can make over $5050 but not a qualifying relative. You can take a quick quiz, Dependent or see Publication 501 - Internal Revenue Service page 11 to verify that you qualify to claim the dependent.
Credit:
The Other Dependent Tax Credit is a $500 tax break for people with dependents who are 17 or older, not necessarily related to them, or have an Individual Taxpayer Identification Number (ITIN) instead of a Social Security number. See From What You Need to Know about CTC, ACTC and ODC
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