If my dependent child had a part-time job last year, should I claim them on my return?

If my dependent child had a part-time job last year, should I claim them on my return?

02 Aug 2017

It is perfectly allowable for your dependent child who worked a job to file a tax return to get their refund but not claim their personal exemption AND for you to claim a dependent exemption for that child on your tax return.  Nearly always it is more advantageous for the parent to claim the dependent exemption for the child on their return, because the parents are nearly always in a higher tax bracket than the child.  IF YOU DO THIS, MAKE SURE YOUR CHILD CHECKS THE BOX ON THEIR TAX RETURN (FORM 1040EZ) THAT SAYS, “IF SOMEONE CAN CLAIM YOU AS A DEPENDENT, CHECK THE APPLICABLE BOX…”  IF YOU DON’T, YOU COULD HAVE TO AMEND BOTH YOUR RETURN AND THEIRS, WHICH COULD DELAY YOUR REFUND BY UP TO 6 MONTHS.

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