To be certain which one is better to claim for your tax situation, you should enter each child into your return to see what the effect is to your bottom line. Your income will be a factor to consider because certain tax credits could be disallowed or limited due to phase-out ranges.
The 16 year old daughter is under the age limit for the child tax credit, which can be up to $2000 for the 2020 tax return.
The 19 year old daughter being in college may allow you to claim an education tax credit based on the tuition and expenses that you paid. If she is qualified for the American Opportunity Tax Credit, it can be up to $2500.
Additionally, there may be some state tax implications to consider. Therefore to fully answer the question, you should put them into your tax return.
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