Christian Posted April 16, 2023 Report Posted April 16, 2023 A client's daughter entered college after completing high school at age 18. She quit not completing her freshman year and went to work. In 2022 she turned 20 and did not attend college for the entire year and earned over $17,000 in wages. She still lives at home but I told the mother they will lose her dependent exemption for 2022. She has now returned to college this year 2023 and I assume they can pick it back up for 2023. Is this a correct reading of this ? Quote
mcb39 Posted April 16, 2023 Report Posted April 16, 2023 That is correct. If she attends as a half-year student and is still under 24; they can take her back as a dependent. Always remember that the tuition credit follows the dependency and in a case like this will usually not help the student taxwise. It doesn't matter who pays the tuition. We have at least one of these every year. Quote
Christian Posted April 17, 2023 Author Report Posted April 17, 2023 Man you can really tell it's the end of the season. My spelling is shot along with most of the rest of me. 1 Quote
Christian Posted April 17, 2023 Author Report Posted April 17, 2023 That's my reading as well. The next question will arise once she reaches 25 and is still in college but that is down the road. Quote
mcb39 Posted April 17, 2023 Report Posted April 17, 2023 It will depend on how much, if any, income the student has at that time. 1 Quote
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