Due to AGI we do not qualify for any educational tax breaks for my 18 yo daughters college tuition. Claiming her as a dependent, gets us $500 off at this point as a child credit, but it might make more sense to not claim her and let her take the American Oppt Tax Credit, upwards of $2,500 credit. The question I have is, can I just not claim her and she files single to take the credit? Is this a mistake given we do provide her entire cost of living for her? To do this in Turbo she must answer that she does provide most her cost of living her self. I feel the IRS only has issue with people claiming dependents when they are not rather than the other way around? Thank you!
