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23 December, 12:34

Wayne supported his daughter Carol, age 21, until her marriage in August 2018. Carol was a full-time student for 5 months of 2018. Carol and her husband both had part time jobs and had federal income tax withheld. Their total AGI was $10,000 in 2018. Can Wayne claim Carol as a dependent on his 2018 return?

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  1. 23 December, 12:36
    0
    No

    Explanation:

    There is a ruling that your son or daughter must live with you for at least half an hour, to ensure that you can add them as a dependent. And of course, you do that to save the taxes, and for each dependent, you can have a tax exemption of around $4050s, and that you can save quite a bit. However, here Carol lived with Wayne who is his father for only 5 months in 2018. Hence, Wayne cannot, as 5 is less than half of the year.
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