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Patrice
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Reged: 07/21/06
Posts: 401
Re: Dependent age?
      02/26/07 06:10 PM

I did get info on this from my tax man recently. He said that most likely I would still claim him as a dependent, and he would not claim himself (since I was claiming him). Reasoning is that I have a greater income and would benefit more from the deduction.

He said that in some cases the parent reimburses the child a calculated amount to compensate for this.

Should be much simpler next year--he'll be a traditional student for the year.

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Subject Posted by Posted on
* Dependent age? Patrice 02/02/07 04:06 PM
. * * Re: Dependent age? sogle57   02/08/07 08:03 AM
. * * Re: Dependent age? Patrice   02/26/07 06:10 PM
. * * Re: Dependent age? joym525   03/13/07 05:59 PM
. * * Re: Dependent age? Gecko   02/02/07 07:16 PM
. * * Re: Dependent age? Patrice   02/03/07 07:15 AM
. * * Re: Dependent age? matilda   02/03/07 08:18 AM
. * * Re: Dependent age? Avaya   02/03/07 09:07 AM
. * * Re: Dependent age? matilda   02/02/07 06:37 PM

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