Exemption-Over 19-No school?

[zeros]

Client has a daughter that is over 19 and no school for 2008. She has earnings of about $3100.00. I would believe Dad would be able to claim her. Correct?

[Possi]

TTB 3-15 says get a job!

Sorry, but Jr needs to get a job or go to school.

If he was under 19 at the end of 2008 or a full time student for ANY PART OF 5 calendar months, then dad can claim him.

So, if he graduated High School in May, Dad can claim him.

~possi

[Earl]

Dependent

Income under $3,500. Should be able to claim as dependent.

[AJsTax]

qUALIFYING RELATIVE

If the father provided more than half of the daughter's support, and she did not make over 3500, then she qualifies as a qualifying relative, not as a child dependent.

[John Valko]

Question: To be a Qualifying Relative

wouldn't she have also had to have lived with the taxpayer (father) all year as a member of the taxpayers household? Or does a qualifying relative such as a daughter only have to live with the taxpayer for more than 1/2 the year. What is the difference between being a qualifying Child or Relative if you still can claim the dependency exemption? Is it that there are some credits a qualifying relative may not qualify for versus being a qualifying child? Thanks for any clarification you can offer.

[New York Enrolled Agent]

wouldn't she have also had to have lived with the taxpayer (father) all year as a member of the taxpayers household? Or does a qualifying relative such as a daughter only have to live with the taxpayer for more than 1/2 the year. What is the difference between being a qualifying Child or Relative if you still can claim the dependency exemption? Is it that there are some credits a qualifying relative may not qualify for versus being a qualifying child? Thanks for any clarification you can offer.

Do you prepare tax returns for compensation? If so, read section 152(c) and (d) of the Internal Revenue Code. In the alternative, read Chapter 3 of Publication 17.