^Yes, hopefully she will have a full time job and be self supporting after graduation, because she has student loans and cosigned loans to pay back.
Well I was hoping to claim her while she was 22 and 23 providing she was still in school and not earning very much, but changing schools has changed that it seems.
Anyhow, now that you mention it, yes for 2018, when she will have been 23, she will have only had the spring semester left and I will not be able to claim her anyway…I will have realized that when that time comes but I am thinking ahead not looking back.
@mommdc and for anyone else interested in some of these intricacies:
I believe that kiddie tax regulations and who can claim a personal exemption are two completely separate things.
The only reason I know of, why a person such as a student cannot claim their own personal exemption, is if someone else can claim them (regardless of whether they actually claim them or not).
The kiddie tax merely calculates the student’s taxes at the parents’ rate. I don’t see where it has anything to do with exemptions.
I believe that **somebody **can always claim the exemption.
moderator’s note
Closing this thread because Op has a duplicate thread on the financial aid forum