Taxpayer's child turned 24 in 2018, was a student and made $5,000 of self-employed income. After expenses, it's $3,000. Can she be a dependent still?"

[Terry53029]

If the self employment was in  merchandising with inventory, then you can deduct COGS from gross. If that takes income under $4150, then if she meets all other rules she could be a dependent

[Just-Lisa-Now- · Accepted solution]

Nope, 24 or older and gross income over the limit, cant be a dependent anymore.