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Subject:  Re: I need your review and ideas Date:  7/27/2005  1:28 PM
Author:  TMFPMarti Number:  80120 of 132473

If he works half of '06 it will be difficult to claim him as a dependent on taxes.

Debra refers to the gross income test for dependency. This test doesn't apply if he's under 24 and was a full-time student in at least five calendar months of the year, so for most grads it can be ignored in the year of graduation. Even if he doesn't qualify as a dependent because of the gross income test, medical expenses paid for him would still be deductible on the parent's return if the parent provided more than half the child's support for the year. Details are in IRS Publication 502.

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