Keep your college student
qualified as your dependent by meeting the "support" test. Generally,
your child cannot provide over one-half of his or her own support during the
year. Add up funds your child will have received from work, student loans, and
other sources of income. Do you need to increase your level of support during
the rest of the year in order to claim the exemption?Thursday, June 11, 2015
Check the "support" test to maintain dependent deductions
Keep your college student
qualified as your dependent by meeting the "support" test. Generally,
your child cannot provide over one-half of his or her own support during the
year. Add up funds your child will have received from work, student loans, and
other sources of income. Do you need to increase your level of support during
the rest of the year in order to claim the exemption?
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