in Education
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Read the small print. It says something along the lines of "count days away for school as days having lived with you". IRS Publication 970 at https://www.irs.gov/pub/irs-pdf/p17.pdf on page 27 clearly states:
-------------------------------------
Residency Test
To meet this test, your child must have lived with you for more than half the year. There are exceptions for temporary absences, children who were born or died during the year, kidnap-ped children, and children of divorced or sepa-rated parents.
Temporary absences.
Your child is considered to have lived with you during periods of time when one of you, or both, are temporarily absent due to special circumstances such as
:•Illness,
•Education,
•Business,
•Vacation,
•Military service, or
•Detention in a juvenile facility.
-------------------------------------
Therefore when prompted, you will select the option to indicate the student lived with you "the whole year".
Hi,
My son has lived on campus in a diff town (same state) for the whole year. I have paid for all his housing and food. He paid for his tuition. We both got loans through the government to do so.
He is under the age requirement and going full time to put him down as a dependent. He only made a couple hundred from work study in the year. When it asks, has the dependent lived with you more than a year, so you click yes? I provided over 50% but he didn’t “live” with me.
so I’m confused about that.
Thanks!
Hi,
My son has lived on campus in a diff town (same state) for the whole year. I have paid for all his housing and food. He paid for his tuition. We both got loans through the government to do so.
He is under the age requirement and going full time to put him down as a dependent. He only made a couple hundred from work study in the year. When it asks, has the dependent lived with you more than a year, so you click yes? I provided over 50% but he didn’t “live” with me.
so I’m confused about that.
Thanks!
Read the small print. It says something along the lines of "count days away for school as days having lived with you". IRS Publication 970 at https://www.irs.gov/pub/irs-pdf/p17.pdf on page 27 clearly states:
-------------------------------------
Residency Test
To meet this test, your child must have lived with you for more than half the year. There are exceptions for temporary absences, children who were born or died during the year, kidnap-ped children, and children of divorced or sepa-rated parents.
Temporary absences.
Your child is considered to have lived with you during periods of time when one of you, or both, are temporarily absent due to special circumstances such as
:•Illness,
•Education,
•Business,
•Vacation,
•Military service, or
•Detention in a juvenile facility.
-------------------------------------
Therefore when prompted, you will select the option to indicate the student lived with you "the whole year".
Great!!
now that I know that, do you put their 1098-t on my taxes when I put him as a dependent? Even though I didn’t pay any tuition, just housing and food?
Thanks!
Yes... you get to claim the education credit if you or he paid the tuition but not if it was paid with scholorships.
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