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Transition year
My son graduated in 2023. He made enough working two part time jobs that he's filing his own return. That said, he did live at home the entire year and was a dependent.
If we claim him as a dependent will it impact his filing? I was told that if we do then he's not entitled to the standard deduction. There's a box in TurboTax on his return asking "will anyone else be claiming you as a dependent?". I've toggled it to both yes and no and it did not change the amount he owed either way.
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March 31, 2024
5:03 PM