After you file

You could try preparing tax returns with you claiming your child and with your parents claiming him to see which works out best for your family.  With the amount of income you mentioned earning your EIC and additional child tax credit amount to "about" $1800.  It could be better for your parents to claim him--and they may have a pretty strong case for saying they paid over half his support since they provided food and housing.

What does "financially support another person" mean?


**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.**