Our adult child under age 24 is a student, but doesn’t live with us during the school year. Can I claim my child as a student dependent?
It depends. The fact that your child lived away from you while in school won’t disqualify him or her from being a full time student dependent. As long as your child lives with you while not in school, you’ll meet the residency requirement. However, the child must be a full-time student to qualify. If your child meets all of the other requirements to be a dependent, you can claim your child.
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Form 8332 is the form custodial parents can use to release their right to claim a child as a dependent to the noncustodial parent. The form can be used for current or future tax years. Additionally, custodial parents can use tax Form 8332 to revoke the release of this same right.