The
personal exemptions for yourself and dependents have been eliminated for tax years 2018-2025. So you would not get an exemption for claiming him.
However,
your son may qualify for the Credit for Other Dependents. It
is a new $500 tax break for people with dependents who are 17 or older, may or
may not be related to them, and/or have an Individual Taxpayer Identification
Number (ITIN) instead of a Social Security number.
In order to qualify for
the Credit for Other Dependents, a dependent needs to meet each of these
requirements:
-
Relationship: This person lives in your home
for the entire year and be considered to be a member of your household or
is related to you. If this person is your child, they must be age 17 or
older at the end of 2018 unless they use an Individual Taxpayer
Identification Number (ITIN). In this case, they can be any age.
-
Gross income: Generally, their income is less
than $4,150 (not including Social Security or welfare).
-
Support: Generally, you provide more than
half the person's support. Special rules apply for children of divorced or
separated parents or children receiving support from two or more people.
-
Marital status: Generally, a married dependent
can't file a joint tax return with a spouse. The only exception is when
the married dependent files a joint return only to get a refund for taxes
paid. If both spouses filed separate returns, neither the dependent nor
spouse would have a tax liability.
-
Nationality: This person is a U.S. citizen,
U.S. resident alien, U.S. national, or a resident of Canada or Mexico.
They have either a Social Security number or an Individual Taxpayer
Identification Number (ITIN). An adopted child who doesn't meet this
requirement but lives with you for the entire year can be your dependent,
as long as you're a U.S. citizen.
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