How about this scenario
- Child < 24 attending private university with $50k annual tuition. Earned $8500 for the year and used it to pay room+board (>50% of room+board cost)
- Child paid $4k of the tuition while remainder is covered by 529
- Parent does not claim child as dependent (income phased out so no benefit)
Can the child claim refundable portion of AOC? Seems to meet all the required rule
UPDATE : Nevermind, "support" include education. For a child attending private school, they would need to clear$30-$35k and use it to pay for "support" to qualify for the refundable AOC.
