Question
Recovery rebate and dependency
All:
Parents who are not eligible for 2021 stimulus check have dependent who graduated college in 2021 and began working. Parents are eligible and "can" claim him as a dependent.
Obviously, from a pure tax point of view, dependent and parents benefit from graduate claiming himself and not parents. However, I am concerned about the word "Can".
Since the parents "can" claim dependent it seems to preclude dependent from the tax benefits. Am I correct in that assumption?
