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23 year old college graduate (should I claim?)
I am trying to decide if my college-grad daughter should still be claimed as my dependent on my return for 2020...I don't see any benefit other than the $500 'other dependent credit' on my 2019 return, at least nothing I can identify
I know the rules and technically I can claim her, I am trying to understand if I should. She provides ~50% of her own support and we can make the case both ways. she has a job but still lives at home
what would I lose if I stop claiming her given I don't get the $2000 child credit as she is over 17?
‎December 28, 2020
4:40 AM