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Author: TMFPMarti Big funky green star, 20000 posts Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121095  
Subject: Re: Son 22 yrs old Date: 1/23/2005 11:41 AM
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In his final year 2003-2004 of college we paid some college bills in 2003 and the rest in 2004. He is employed full time now ,since May, and makes about $10.50/hour. What are the rules, can I still claim him as a dependent on my tax return or not?

I'm going to assume here that he was a full-time student through at least May. The question is who paid more than half his support for the entire year. You cannot include expenses paid in 2003.

Is there an income level for him that dictates that I not claim him anymore?

Yes, and for 2005 and after (we can hope) he exceeds it. As long as he was a full-time student in at least five calendar months of 2004, the income limit doesn't apply.

If you are unmarried, he can still qualify you for Head of Household filing status as long as he lives with you and remains unmarried, even if you can't claim him as a dependent (2005 and after).

Phil
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