My daughter received stocks from her grandfather to help pay for college. With the change in tax law, my understanding is we will no longer receive exemptions for dependent children. Therefore, I'm wondering if it makes more sense for her to file independently in order to minimize capital gains tax that will be triggered as she cashes out stocks. If so, and if we continue to pay tuition (while she pays living expenses), do we qualify for the education credit if she is no longer a dependent on our tax return?
