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Parents income too high to qualify for American Opportunity Credit of dependent. Why is son getting it though he doesn’t provide half of his own support and under 24.
We can claim him as dependent but will not be doing so. His earned income was just over $6300. Line 7, Form 8863 indicates he can’t take refundable portion of credit because his earned income provides less than half his support.
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June 1, 2019
1:31 PM