Up to what age can I claim my children as dependents? I'm seeing something about 17 years old when I try Googling the topic. This can't be right, since my 17 year old is still in high school, and still depending on me.
Any insight on this is appreciated.
you should be ok with 17 year old.
however, I am not sure what the actual limit is.
If disabled, there is no age limit.
...to claim an exemption for your child, you must be able to answer "yes" to all of the following questions.
Are they related to you? The child can be your son, daughter, stepchild, eligible foster child, brother, sister, half brother, half sister, stepbrother, stepsister, adopted child or an offspring of any of them.
Do they meet the age requirement? Your child must be under age 19 or, if a full-time student, under age 24. There is no age limit if your child is permanently and totally disabled.
Do they live with you? Your child must live with you for more than half the year, but several exceptions apply.
Do you financially support them? Your child may have a job, but that job cannot provide more than half of her support.
Are you the only person claiming them? This requirement commonly applies to children of divorced parents. Here you must use the “tie breaker rules,” which are found in IRS Publication 501.
These rules establish income, parentage and residency requirements for claiming a child.
Claiming Dependents - ( New Window )
My two oldest children have jobs. They don't have to file returns of they make under $6,350, correct?
My two oldest children have jobs. They don't have to file returns of they make under $6,350, correct?
They should file returns. They will get a refund. They will not owe money.
yes, and no visit occurred.
They should file returns. They will get a refund. They will not owe money.
That depends on how they filled out their W-4 when they started the job. You can exempt yourself from withholding if you owed no tax last year and expect not to owe any in the current year. If you did that, there’s no reason to file since there’s no money to be refunded.
When they file their own tax returns while on yours as a dependant, they just need to mark the box for "dependant of another".