Yes.
There
are two types of dependents, "Qualifying Children"(QC) and standard
("Qualifying Relative" in IRS parlance even though they don't have to
actually be related). There is no income limit for a QC but there is an age
limit, a relationship test and residence test. Only a QC qualifies a taxpayer
for the Earned Income Credit.
Since she is a full time student, under age 24, she can still be a QC dependent. Support is not a requirement for QC. Being away at school is still considered to be living at home, so she meets the residency test.
A child of a taxpayer can still be a “Qualifying Child” (QC) dependent, regardless of his/her income, if:
1. He is under age 19, or under 24
if a full time student for at least 5 months of the year, or is totally &
permanently disabled
2. He did not provide more than 1/2 his own support. Scholarships are
considered third party support and not as support provided by the student.
3. He lived with the parent
(including temporary absences such as away at school) for more than half
the year
