OTHER DEPENDENT CREDIT FOR DEPENDENT CHILDREN

Forum|Forum|6 years ago
December 7, 2019
3 replies
15 views

Are dependent children over 16 years old and full-time students subject to the income limitation of $4,150 in order to claim the other dependent credit?

ProSeries Professional

This topic has been closed for replies.

Best answer by PhoebeRoberts

No. The old "who can be your dependent" rules apply to the ODC.

PhoebeRoberts

Answer

Intuit Community Champion

No. The old "who can be your dependent" rules apply to the ODC.

itonewbie

Level 15

Agree with Phoebe.

Remember that TCJA did not change the definitions of dependents under §152; it merely reduced exemptions to $0 temporarily. Nothing in the Code that references dependants, qualifying child, and qualifying relatives has changed.

---------------------------------------------------------------------------------Still an AllStar

Just-Lisa-Now-

Intuit Community Champion

The ODC due diligence worksheet seems to be misleading when they ask about the income...it doesn't differentiate qualifying child vs qualifying relative.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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