Filing status for Daughter
In 2019 on my tax return my daughter was not claimed as a dependent so that she could become a resident of the state of Missouri. She is a full time college student living in Missouri and not with her family in Colorado. Her expenses are paid through a 529 investment account in her name. She also works part time and had earned income of approximately $6,700 and capital gains of approximately $1,200 from a taxable investment account under her name. Her withdrawals from the 529 account were approximately $29,000. Her college expenses including room and board were approximately $32,000. Given that information, is she required to answer yes that she can be claimed as a dependent on my family return? This obviously makes a big difference for her refund and our family return.
