2. The child must be (a) under age 19 at the end of the
year, (b) under age 24 at the end fo the year and a full-time student, or (c) any age if permanently and totally disabled. ..............................................................................................................................
I was age 24 at the end of the 2006 tax year. I need some clarification on the wording of part B. Does part B mean that you must be 23 years old or younger, or does it mean that you must be 24 years old or younger? This will significantly affect my tax situation. Moderator: "under age 24" means "23 years old or younger".
Start in the right column under "Exemptions for Dependents"
It states that the term "dependent" means:
A qualifying child, or
A qualifying relative
On page 10 at the bottom of the middle column 5 tests are listed, all of which must be met, in order to be a qualifying child for dependent purposes. Since you turned age 24 during 2006, the age test is not met and therefore you are not a qualifying child of another taxpayer for dependency purposes. However, going back to where you started on page 9, if you're not a qualifying child you still could be a dependent as a qualifying relative. On page 13 in the middle column 4 tests are specified for a qualifying relative. Assume that tests 1, 2, and 4 are met then turn your attention to test
3, the Gross Income test. The Gross Income test explanation begins at the top of the middle column on page 14. If your gross income for all of 2006 was less than $3,300 (the 2006 personal and dependency exemption allowance), and of course the other 3 tests are met, you qualify as another taxpayer's, presumably one of both of your parents, dependent. If you are neither a qualifying child based on the 5 tests indicated on page 10 nor a qualifying relative according to the 4 tests prescribed on page 13, then no one else can claim you as their dependent and you are free to claim your own personal exemption. Hope this helps.
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