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    aesinclair's Avatar
    aesinclair Posts: 1, Reputation: 1
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    #1

    Jan 9, 2007, 02:48 PM
    Child turning 25
    I have a child turning 25 in April 2007, she is a full time student and lives at home. I know that insurance can only cover until she turns 25. I heard that once she turns 25 I cannot claim her as a dependent any longer as well. So, if I keep her on my insurance until she turns 25 in April am I able to claim that next year on my taxes? I am confused about how this works. Any help would be very appreciated!

    Thank you,
    Ashley:)
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jan 11, 2007, 09:37 AM
    Ashley:

    You can claim your child until you die if you provide over half of her support AND she makes less than $3,300 (for 2006).

    However, once her taxable income exceeds $3,300, then you can no longer claim her as a dependent on your tax return, because, at age 25, the student exception no longer applies.
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