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curleycatfish
New Member

to claim full time student

We had planned to claim our fulltime 23 yr old student, but at the end of the year she won a raffle item worth over $10000. Should she do her own taxes to claim non-cash winnings? Or can we still claim her?

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Accepted Solutions
KarenJ2
Expert Alumni

to claim full time student

Yes, you can claim her.  If you daughter is a full time student and under the age of 24, it does not matter what her income is.  When she files a tax return, she needs to indicate in TurboTax that she can be claimed as a dependent by someone else. 

 

The filing requirement for a dependent to file a return is:

 

Unearned income greater than $1,100

Earned income greater than $12,200

Gross income greater than the larger of $1,100 or Earned income (up to $11,850) plus $350.

 

However if you wanted to claim her next year when she is no longer 23, you could only claim her if her income was under $4,200.

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1 Reply
KarenJ2
Expert Alumni

to claim full time student

Yes, you can claim her.  If you daughter is a full time student and under the age of 24, it does not matter what her income is.  When she files a tax return, she needs to indicate in TurboTax that she can be claimed as a dependent by someone else. 

 

The filing requirement for a dependent to file a return is:

 

Unearned income greater than $1,100

Earned income greater than $12,200

Gross income greater than the larger of $1,100 or Earned income (up to $11,850) plus $350.

 

However if you wanted to claim her next year when she is no longer 23, you could only claim her if her income was under $4,200.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

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