Patrice
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Reged: 07/21/06
Posts: 401
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Re: Dependent age?
02/26/07 06:10 PM
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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.
-------------------- To the world you may be one person, but to one person you may be the world.
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