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.
What is the difference between a child tax credit and a dependent exemption? Learn more from the tax experts at H&R Block.
Brush up on your tax vocabulary with the experts at H&R Block. We break down the definitions of tax credits, exemptions, and deductions.
Your options for your tax filing status if your spouse dies will change depending on how long ago they passed away. For example, you can generally use married filing jointly in the year your spouse passes. Then in the next two years, you can file as a qualifying widower if you meet certain requirements.
Do you own real property in Texas? Read here to learn more about Texas state real property tax including how to pay and when it’s due.