Do most of you take a dependent deduction for 24 year old graduate students; lots of educational loan costs - in the students name . . medical student who lives away from home. Received an income in the form of a grant; for some reason I cannot come to a conclusion on this one. . . I guess I have just not come across too many graduate students. thanks.
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Qualifying Relative
The fact that the person is a student is irrelevant unless they are under age 24 at the end of the year.
Just follow the rules for a qualifying relative. Either the person meets the criteria to be a dependent or they don't.
BMKBurton M. Koss
koss@usakoss.net
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The map is not the territory...
and the instruction book is not the process. -
Graduate Students
This has been around for years, but it's still good for a few laughs... especially the third part, titled "You might just be a graduate student if..."
What makes it so funny is that a lot of it is true.
BMKBurton M. Koss
koss@usakoss.net
____________________________________
The map is not the territory...
and the instruction book is not the process.Comment
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right, qualified releative
however, student lives away and part of educational loan is to pay for support/living expenses, so I am going to go with no as a dependent.Comment
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student living away in the vicinity of college , so that he is closer to college than driving from home is still a temporary absence.
do educational loans specify to use for living expenses? if it's a loan why can't he spend it any way he pleases?Comment
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