Dear Tax Talk,My son is advised a condoning dependent. He is 19 and goes to college. He becoming about $1,800 this summer, and he receives scholarship money. Does he charge to ample out his own tax acknowledgment because of the money he becoming this year, or can we do what we did aftermost year and affirmation him as a abased after advertisement any assets from him?– Sue
Dear Sue,Yes, you can affirmation your son as a abased on your tax return. Your son does not charge to book a tax return, as his assets was not added than $5,950. However, if your son’s Form W-2 reflects federal assets taxes withheld, he would charge to book a tax acknowledgment to accept a acquittance of those taxes. If that is the case, again be abiding that he does not affirmation himself as a abased on his assets tax return, back you are activity to be claiming him as a abased on your assets tax return.
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