@zymxhjjtm197227 - I'll state I am not the expert on this so interested in what others have to state (and i could be wrong), but the test is the EXPENSE to support your child, not the INCOME...so the expense is $50k and it just so happens that you receive INCOME to cover $40k of that. So to me the expenses to support your child include the $50,000.....otherwise, why can't we reduce the rent, utilities, etc of support the college student by the income the parent received from any and all sources
Again, are you trying to justify that the student is or is not a dependent....if NOT a dependent, consider that most if not all of any AOTC / LLC tax benefit may be lost.....
