Traci_116
New Member

Get your taxes done using TurboTax

I know this is an old post but it's interesting. 

In this crazy pandemic,  my daughter had a seasonal winter job and was let go jan 1. She is now collecting unemployment.  Should I make her stop collecting once she hits 12,400? I know she has to pay taxes and she's taking them out, anything over 1100 on unearned income.  If she collects over 20,000 in unemployment,  and is a full time student,  and under age 24, I can still claim her as a dependent in 2022? She can go over 12,400 as long as she pays taxes and puts someone else can claim her when she files.  Am I correct?