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September 28, 2022
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Recent graduate as dependent or filing own?

  • September 28, 2022
  • 1 reply
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Is there any advantage to include my recently college graduated 22-year-old daughter in my taxes this year? Or should she file her own?

    Best answer by OmM1

    Hi Yamayor,

     

    Thank you for reaching out.

    IF you daughter was your dependent - meaning

    • She was a full time student
    • she lived with you for more than 6 months (time at college counts as staying with you)
    • you provide more than half of her support for the year

    then whether you claim her as dependent or not, she has to say that someone can claim her as a dependent .

     

    Considering above, if she is your dependent, you should include her as such on your taxes. If you claim her as a dependent you will get  a child tax credit of $500.

     

    Hope this helps and answers your question.

     

    Thanks again,

     

    1 reply

    OmM1
    OmM1Answer
    September 28, 2022

    Hi Yamayor,

     

    Thank you for reaching out.

    IF you daughter was your dependent - meaning

    • She was a full time student
    • she lived with you for more than 6 months (time at college counts as staying with you)
    • you provide more than half of her support for the year

    then whether you claim her as dependent or not, she has to say that someone can claim her as a dependent .

     

    Considering above, if she is your dependent, you should include her as such on your taxes. If you claim her as a dependent you will get  a child tax credit of $500.

     

    Hope this helps and answers your question.

     

    Thanks again,

     

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