Can I claim my daughter who is in college as a dependent on my tax return who lives with me, is 20 years of age and earns $4,000 ?
Answer:
If the other 4 of the 5 mandatory dependency tests are met, and if she is a full time student, then you may claim her as a dependent. There are 5 dependency tests needed to qualify as a dependent. The gross income test for dependents applies to dependents 19 or older and not a full time student under age 24. If she was not a full-time student, the gross income she is allowed to earn is $3,900 or less for tax year 2013.
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