Dependents who are students and age requirement

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • S T
    Senior Member
    • Jun 2005
    • 5053

    #1

    Dependents who are students and age requirement

    Just need some confirmation - under the dependent guidelines (age test) - child has to be "under" age 24 at the end of the tax year (2015) and a student.

    If the child turned age 24 say Jan 2015, then they would not be "under" the age of 24, and no longer elgible under Qualifying Child even though they were a student

    Go to Qualifying Relative - and would not qualify under the gross income test, as child's gross income is in excess of $ 4,000

    I believe this taxpayer just lost a dependent, even though parent is still paying for College and Supporting Child


    Thanks

    Sandy
  • Roland Slugg
    Senior Member
    • Aug 2006
    • 1860

    #2
    Originally posted by S T
    I believe this taxpayer just lost a dependent.
    He probably hasn't lost a dependent, but yes, he lost a tax exemption for that dependent.
    Roland Slugg
    "I do what I can."

    Comment

    • ATSMAN
      Senior Member
      • Jul 2013
      • 2415

      #3
      Originally posted by S T
      Just need some confirmation - under the dependent guidelines (age test) - child has to be "under" age 24 at the end of the tax year (2015) and a student.

      If the child turned age 24 say Jan 2015, then they would not be "under" the age of 24, and no longer elgible under Qualifying Child even though they were a student

      Go to Qualifying Relative - and would not qualify under the gross income test, as child's gross income is in excess of $ 4,000

      I believe this taxpayer just lost a dependent, even though parent is still paying for College and Supporting Child


      Thanks

      Sandy

      Happens to all of us. Those are the rules and I recall telling my wife about it and she did not think it was fair because our son was still on our insurance and we were supporting him, paying college costs, except for the $8K or so he earned part time.
      Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR

      Comment

      • ruthc
        Senior Member
        • Jan 2012
        • 433

        #4
        I have smae situation

        (Oops! Sorry about the spelling of "same" above). I have the same situation, but the student is 26 yrs old, but wants the parent to claim her. She doesn't mind losing the extra $ by not claiming herself. Not only that, she made about $10K in 2015. It gets to the point where there are so many people wanting to claim the dependent that it gets my mind thinking that I am missing some new rule. Glad to have someone confirm the very basic rule!
        Last edited by ruthc; 02-16-2016, 04:06 PM.

        Comment

        • Lion
          Senior Member
          • Jun 2005
          • 4698

          #5
          And, it can be worse. We paid everything for our college daughter (husband's daughter), but her mother was able to claim her AND claim the education benefits too for four/five years of college! (Divorce decree before the new "universal" definition of a child and the new education benefits.)

          Comment

          Working...