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Yes. You can claim him. Since he is a full-time student, his income is not an issue for dependency.
Here are the rest of the requirements:
A "Qualifying Child" may include your child or stepchild, foster child, sibling or step-sibling, or descendants of any of these, such as your grandchild.
For 2017, you can claim a $4,050 exemption for each qualifying child. To qualify for the exemption, the child must live with you more than half of the year and be under 19 at the end of the year, or under 24 and a full-time student for the year (defined as attending school for at least part of five calendar months during the year).
You no longer have to show that you provide more than half of the child's support, as was required under the rules in effect a few years ago. However, to claim an exemption the child cannot provide more than half of his or her own support.
There is no gross income test for a qualifying child. That means you can claim an exemption even if the child has a fair amount of income, as long as the child doesn’t provide over half of his or her own support, as outlined above.
Yes. You can claim him. Since he is a full-time student, his income is not an issue for dependency.
Here are the rest of the requirements:
A "Qualifying Child" may include your child or stepchild, foster child, sibling or step-sibling, or descendants of any of these, such as your grandchild.
For 2017, you can claim a $4,050 exemption for each qualifying child. To qualify for the exemption, the child must live with you more than half of the year and be under 19 at the end of the year, or under 24 and a full-time student for the year (defined as attending school for at least part of five calendar months during the year).
You no longer have to show that you provide more than half of the child's support, as was required under the rules in effect a few years ago. However, to claim an exemption the child cannot provide more than half of his or her own support.
There is no gross income test for a qualifying child. That means you can claim an exemption even if the child has a fair amount of income, as long as the child doesn’t provide over half of his or her own support, as outlined above.
Yes you can.
MY DEPENDENT HAD A JOB
If your dependent has a W-2 for his after-school job, summer job, etc. you do not include the information on your own return. You can still claim your child as a dependent on your own return. He/she can file his own return for a refund of some of his withheld wages (he won’t get back anything for Social Security or Medicare), but MUST indicate on it that he can be claimed as a dependent on someone else’s return. (Supervise this closely or prepare it for him!)
If your dependent’s earnings were over $400 and were reported on a 1099Misc then he must file a return and pay self-employment tax for Social Security and Medicare. You may want to use this version of TT for that:
https://turbotax.intuit.com/taxfreedom/
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