Today TaxMama hears from Charmaigne in the TaxQuips Forum, with a reasonable issue. “My son turned 26 in November of 2010 and has been out of work for over a year. He lives with me and I have supported him in every way, medical bills, dental bills, auto insurance, food, clothes, etc. Is there a way I can claim him as a dependent? Also after six months of being unemployed he began to receive unemployment income, which was just enough to cover gas and other job hunting expenses. Now he has to file a tax return.
Since he earned over $3,650 – in wages and unemployment in 2010, you won’t be able to claim him as a dependent. (Unless he earned less than that?)
Sorry. I know you’ve spent a fortune – and that he’s trying to do his best to study and build a life. Unfortunately, this time, the tax code won’t help you.
However, I believe you may be able to use his medical and dental expenses, if you are itemizing deductions.
Perhaps he can get a tax credit for his tuition – and get money back from IRS for the American Opportunity Credit.
I pray that he has a better year in 2010. It certainly sounds as if he’s doing his best! Good luck to you both.
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