- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Do I have to claim my child as a dependent?
My 19 year old college student daughter lived with her brother for most of 2020 while she was at school. We lived in SC, and she stayed in NC and only came home occasionally. Her DL and residency stayed in NC and never switched to SC when we moved. Her job was impacted by Covid-19, and because of that she received over $15K in income (between work and unemployment) and now owes taxes (didn't withhold enough). We did not provide more than half of her income - her schooling was paid for (money given by a relative earlier in life and was in savings), and between her brother and herself, they pretty much took care of themselves. My question - do I have to claim her as a dependent? If I don't, she'll end up not owing money, but if I do she owes quite a bit. The kicker is that if we don't claim her as a dependent, for some reason TT now shows that she would be eligible for the stimulus money.