Home Page link  

Clarify College Student Dependency

  
Groups | Search | About
User Password
Register Now! Lost Password?

Taxes General Forum - Tax professionals meeting place and answers to queries. (Moderated)

 Post an article  get this group's latest topics as an RSS feed add this group's latest topics to your My MSN content add this group's latest topics to your My Yahoo content  add this group's latest topics to your Google content  YahooMyWeb Yahoo!  Google Google  Windows Live Favorites Windows Live  del.icio.us del.icio.us  digg digg  Add to Netscape Netscape
Subject Author Date
Clarify College Student Dependency Gary Brown 03-25-2008
Posted by Gary Brown on March 25, 2008, 2:16 pm
Please log in for more thread options
 Hi,

Our daughter graduated from college in May, 2007. She
lived with us through September when she got a job. Can
we claim her as a dependent as a full time student if we
still provided the majority of her support in 2007?

Thanks,
Gary

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by Phil Marti on March 25, 2008, 3:14 pm
Please log in for more thread options
 "Gary Brown" wrote:

> Our daughter graduated from college in May, 2007. She
> lived with us through September when she got a job. Can
> we claim her as a dependent as a full time student if we
> still provided the majority of her support in 2007?

Yes, assuming she was a full-time student Jan-May and under age 24 as of
12/31/2007. Otherwise, it depends on her 2007 income.

See IRS Publication 501.

--
Phil Marti
Clarksburg, MD

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Similar ThreadsPosted
Re: Can someone clarify underpayment penalty for me? October 24, 2006, 7:27 am
determine dependency March 3, 2008, 1:10 pm
can't claim dependency - how about itemized deduction for mortgage? March 10, 2008, 7:20 pm
college tuition deductions? February 5, 2007, 8:22 pm
Prepaid college tuition February 11, 2008, 10:35 pm
NYS - deduction for college tuition? March 31, 2008, 7:24 pm
College Tuition Stock Sales January 19, 2007, 8:06 pm
College Tuition Credits (Federal and NYS) March 6, 2007, 5:25 am
College financial aid & home mortgage June 21, 2007, 5:43 pm
New york state college tuition deduction February 22, 2007, 5:26 pm

Contact Us | Privacy Policy
This site is not affiliated with Intuit - makers of Quickbooks and Quicken software
This site is not affiliated with Sage Software - makers of Peachtree accounting software
XML SitemapXML Sitemap