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April 24, 2021
Question

Dependent

  • April 24, 2021
  • 1 reply
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Can some one tell me why when I input my 20 yo daughter, full-time student, lives full year with us and pay for her expenses as my dependent, my federal tax decreases by $500 and CA taxes increases $563. Thanks,

Abel G 

    1 reply

    Hal_Al
    Employee
    April 24, 2021

    The federal "Other (other tan a child under 17) Dependent Credit" is exactly $500.