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Education
Q. My son graduated in May 2022 and earned $28k in wages for the year. Is that high enough to justify claiming he supported himself, with earned income, for the refundable AOTC?
A. Yes, almost certainly. It only has to be more than half his support. But, the only way to be absolutely sure is to do the support calculation.
Q. He only lived at home for 2 months in 2022?
A. Then, he cannot be a "qualifying Child" dependent. His income is over $4400, so he cannot be a Qualifying Relative either. But the dependent question is separate from the eligibility of a 23 y.o. for the refundable credit.
‎April 17, 2023
1:32 PM