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Deductions & credits
Good Afternoon,
Just expand on @bkaytaxes response, your son could be claimed as a dependent either as a qualifying child or qualifying relative. He meets both tests because he is your son, lives with you all year, meets the low-income requirements, and gets more than half of his financial support from you. You can find IRS guidance on these options here.
I hope this helps your understanding of this issue.
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July 31, 2024
2:27 PM
20,020 Views