Her earns from 2023 is about $10k, which exceeds $4,300.
下面是BORISG分享的信息。 和我了解的也是一样。似乎是两种都不行。
To qualify as a dependent, you must fall under one of two categories: qualifying child or qualifying relative.
A qualifying child:
Is younger than the filer Is younger than 19 (or younger than 24 if they are a full-time student) or permanently and totally disabled Must live with the filer for more than half the year (certain exceptions apply) Does not provide half of their own support
A qualifying relative:
Can be any age Must live with the filer for an entire year or pass the IRS Member of Household or Relationship Test Gets more than half of their support from the filer Earns less than $4,300 annually
Low- to moderate-income workers with qualifying children may be eligible to claim the Earned Income Tax Credit (EITC) if certain qualifying rules apply to them.
Taxpayers will receive a tax credit based on 100 percent of the first $2,000 of tuition, fees and course materials paid during the taxable year, plus 25 percent of the next $2,000 of tuition, fees and course materials paid during the taxable year.
The maximum amount you can claim on the LLC is $2,000 per year, compared to $2,500 for the AOTC. The AOTC can only be claimed for the first four years of undergraduate studies, while the LLC can be applied to undergraduate and graduate programs, as well as some trade schools and professional programs. The LLC is not refundable. So, you can use the credit to pay any tax you owe but you won’t receive any of the credit back as a refund.
孩子到了24岁就不能报Dependent了吗？还在上学，工作收入$10，000左右。Turbotax 提示我们不能申请孩子作为DEPENDENT，除非孩子收入低于$4，700。孩子是靠我们的支持在读博士，有没有什么选项let us claim her as a dependent?
谁遇到同样情况吗？ 谢谢！
A qualifying child： 孩子过了24岁。
A qualifying relative： Earns exceed $4,300.
前两天被儿子问住了。他说他的软件有提示，我说不可能。。。
下面是BORISG分享的信息。 和我了解的也是一样。似乎是两种都不行。
To qualify as a dependent, you must fall under one of two categories: qualifying child or qualifying relative.
A qualifying child:
Is younger than the filer Is younger than 19 (or younger than 24 if they are a full-time student) or permanently and totally disabled Must live with the filer for more than half the year (certain exceptions apply) Does not provide half of their own supportA qualifying relative:
Can be any age Must live with the filer for an entire year or pass the IRS Member of Household or Relationship Test Gets more than half of their support from the filer Earns less than $4,300 annuallyhttps://www.irs.gov/credits-deductions/individuals/earned-income-tax-credit/earned-income-and-earned-income-tax-credit-eitc-tables
claim her as your dependent.
Basic Qualifying Rules
To qualify for the EITC, you must:
Have worked and earned income under $63,398 Have investment income below $11,000 in the tax year 2023 Have a valid Social Security number by the due date of your 2023 return (including extensions) Be a U.S. citizen or a resident alien all year Not file Form 2555, Foreign Earned Income Meet certain rules if you are separated from your spouse and not filing a joint tax returnLow- to moderate-income workers with qualifying children may be eligible to claim the Earned Income Tax Credit (EITC) if certain qualifying rules apply to them.
我的理解是只能是收入低于63，398的有孩子的报税者，才有可能QUALIFYING。对吗？
倒是学生身份我不确定。我家儿子问我时，我知道他工作了半年多，收入超过。
Taxpayers will receive a tax credit based on 100 percent of the first $2,000 of tuition, fees and course materials paid during the taxable year, plus 25 percent of the next $2,000 of tuition, fees and course materials paid during the taxable year.
unless parents are deceased.
最高可以拿到2500 tax credit。其中大约是1000 refundable， 1500 non refundable
现在她自己报税，可以CLAIM 另外四次AOCT吗？
你这个case不能claim AOTC了，只能claim LLC， 但是LLC是non-refundable的。所以对你的case不一定能用上
The maximum amount you can claim on the LLC is $2,000 per year, compared to $2,500 for the AOTC. The AOTC can only be claimed for the first four years of undergraduate studies, while the LLC can be applied to undergraduate and graduate programs, as well as some trade schools and professional programs. The LLC is not refundable. So, you can use the credit to pay any tax you owe but you won’t receive any of the credit back as a refund.