turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Scouseyank
Returning Member

Claim as dependent or not, better for stimulus or deduction

My 23 year old daughter was attending college as a graduate student. She lived at school, then lived here 4 months, then moved to another state. She earned about 8500. It's about equal to the 50% support (could go either way). 

Are we better off $-wise claiming as a dependent (looks like it adds about $500 to my refund) or not claiming and her receiving a stimulus?

If she is not a dependent in 2020 and her 2020 taxes get filed, will she get the $1400 automatically or have to apply in some sort of way?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions

Claim as dependent or not, better for stimulus or deduction

You can’t just decide which is better. She is either eligible to be your dependent or not. This worksheet can help you decide. 

https://apps.irs.gov/app/vita/content/globalmedia/teacher/worksheet_for_determining_support_4012.pdf

 

View solution in original post

2 Replies

Claim as dependent or not, better for stimulus or deduction

You can’t just decide which is better. She is either eligible to be your dependent or not. This worksheet can help you decide. 

https://apps.irs.gov/app/vita/content/globalmedia/teacher/worksheet_for_determining_support_4012.pdf

 

Scouseyank
Returning Member

Claim as dependent or not, better for stimulus or deduction

Thank you. Based on her living with her boyfriend at college and them paying their expenses, then after graduation him relocating for a job in another state she came home for 4 months. Then she moved out to the other state with her boyfriend and they again pay all their expenses. It looks like she is not a dependent.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question