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Get your taxes done using TurboTax
No, her savings does not count as "income" -- if she has less than $4200 of income NOT counting Social Security you may be able to claim her as your dependent.
IRS interview to help determine who can be claimed:
https://www.irs.gov/help/ita/who-can-i-claim-as-a-dependent
If you claim her you get the $500 credit for other dependents.
CREDIT FOR OTHER DEPENDENTS
Just so you are clear--if she is claimed as your dependent she does not get a stimulus check.
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎April 11, 2020
4:31 PM