AnaGrahm
New Member

Can my college-student child who made more money than me last year still be my dependent?!

I had a bad self-employed year and he worked part-time for higher income than me. He meets all criteria to be my dependent & doesn't pay over half his support, as more than half comes from scholarships, loans and me. However the IRS knows nothing about loans taken out to help support him. Will my lower income trigger a red flag?