My daughter was a student for 5 month in 2016 (graduated in August 2016), lived at home in 2016, started working in September 2016 and will file her own taxes. Can she still be claimed as dependent in 2016?

She may either be claimed as a dependent or file her own independent return. Both can't happen in the same year.

Here are the rules for qualified child. She must pass all the rules for you to be able to claim her. The time she spent in school constitutes a time spent in your home.

In general, to be a taxpayer’s qualifying child, a person must satisfy four tests:

Relationship — the taxpayer’s child or stepchild (whether by blood or adoption), foster child, sibling or step-sibling, or a descendant of one of these.

Residence — has the same principal residence as the taxpayer for more than half the tax year. Exceptions apply, in certain cases, for children of divorced or separated parents, kidnapped children, temporary absences, and for children who were born or died during the year.

Age — must be under the age of 19 at the end of the tax year, or under the age of 24 if a full-time student for at least five months of the year, or be permanently and totally disabled at any time during the year.

Support — did not provide more than one-half of his/her own support for the year.