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Turbo is giving me the Other Dependant Tax Credit when my childs income is > $4300

Hello,

My daughter was 23 at the end of 2021 and a full time student working on a Masters.  Since I'm paying for her education and most of her support I am claiming her as a dependant.  Turbo Tax is giving me the $500 "other dependant" tax credit.  However, she earned $4500 last year (W2) from a part time job at our church, plus $111 in interest income.  (She will have to file a return since social security and medicare weren't withheld, but we haven't yet filed).

From what I am reading she is over the $4300 limit in income so I am not elgible to receive the tax credit.

Turbo tax asks me nothing about her income.  My question is how do I stop Turbo Tax from giving me the $500 tax credit  or how to I remove the tax credit from my return.  I don't know why the program does not ask me about her income if there is a $4300 limit.  

 

Any help would be appreciated.  Tim

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3 Replies

Turbo is giving me the Other Dependant Tax Credit when my childs income is > $4300

The 4,300 limit is only if they are 19 or older and NOT a full time student or over 23.  She was still 23 and a full time student.   She qualifies.

Turbo is giving me the Other Dependant Tax Credit when my childs income is > $4300

She can be your qualifying child dependent until the tax year when she turns 24 if she is a full-time student--and is not subject to the $4300 income limit.   When she is 24 that will come into play.   At age 23, you are still okay to claim her and get the $500 credit

 

WHO CAN I CLAIM AS A DEPENDENT?

 

 

You can claim a child, relative, friend, or fiancé (etc.) as a dependent on your 2021 taxes as long as they meet the following requirements:

Qualifying child

  • They're related to you.
  • They aren't claimed as a dependent by someone else.
  • They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
  • They aren’t filing a joint return with their spouse.
  • They're under the age of 19 (or 24 for full-time students).
    • No age limit for permanently and totally disabled children.
  • They lived with you for more than half the year (exceptions apply).
  • They didn't provide more than half of their own support for the year.

Qualifying relative

  • They don't have to be related to you (despite the name).
  • They aren't claimed as a dependent by someone else.
  • They're a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.
  • They aren’t filing a joint return with their spouse.
  • They lived with you the entire year (exceptions apply).
  • They made less than $4,300 in 2021.
  • You provided more than half of their financial support
**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

Turbo is giving me the Other Dependant Tax Credit when my childs income is > $4300

Thank you. 

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