Tag Archives: dependent
Typical Student Dependent Support Issues
- Student Vehicle
- A vehicle’s fair market value is included in the student’s total support and support provided by the student in the year of purchase only if it is registered in the child’s name. In cases where the parents own
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Also tagged income, student, student loans, tax
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Is Your College Student Still Your Dependent?
Most parents are aware of the general rules for claiming their children as dependents, including the extended period allowed to full-time college students who are under the age of 24 (See Dependency Requirements). Besides establishing who is … Continue reading
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Also tagged college, education, tax
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