Quiver0f10 Posted December 15, 2009 Share Posted December 15, 2009 (edited) My oldest Dd is 21, lives at home, works nearly FT and goes to school FT. On the FAFSA she has to put that she is a dependent, but does she still put she is a dependent when filing her income taxes and do we list her as a dependent when we file ours? She doesn't pay rent or any money towards electricity etc and is on our health insurance, but she buys her own clothes, food, gas, car insurance, spending and that kind of stuff. Not sure what to list her as. Edited December 15, 2009 by Quiver0f10 Quote Link to comment Share on other sites More sharing options...
K-FL Posted December 15, 2009 Share Posted December 15, 2009 From what I understand, to be legally independent, they have to be 24yo & totally living on their own or married/orphaned, etc. Quote Link to comment Share on other sites More sharing options...
Quiver0f10 Posted December 15, 2009 Author Share Posted December 15, 2009 From what I understand, to be legally independent, they have to be 24yo & totally living on their own or married/orphaned, etc. I know that's what the FAFSA says, but I didn't know that for income tax. Interesting. Quote Link to comment Share on other sites More sharing options...
LizzyBee Posted December 15, 2009 Share Posted December 15, 2009 She is still a dependent if you are providing more than half of her support. As long as she is a FT student and under 24 yo (as of 12/31), there is no limit on her income for the purpose of determining whether she is a dependent for income tax purposes. Quote Link to comment Share on other sites More sharing options...
QueenCat Posted December 16, 2009 Share Posted December 16, 2009 To me, she sounds like a dependent, and would be on on your taxes. On her taxes, she would not declare herself. Quote Link to comment Share on other sites More sharing options...
TravelingChris Posted December 16, 2009 Share Posted December 16, 2009 By the way, for the FAFSA to be independent, you only have to be 24 if you are an undergraduate. My son will be considered independent for gradaute school and he will be 21. Quote Link to comment Share on other sites More sharing options...
K-FL Posted December 16, 2009 Share Posted December 16, 2009 By the way, for the FAFSA to be independent, you only have to be 24 if you are an undergraduate. My son will be considered independent for gradaute school and he will be 21. That's good to know. I don't know if dd#1 will go directly to grad school, but at least that will help the options. Quote Link to comment Share on other sites More sharing options...
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