Brooklyn Taxes— Whats the age limit for claiming children as dependents?
Brooklyn Taxes— What’s the age limit for claiming children as dependents?Brooklyn parents concerned about filing taxes this year may wonder: What’s the age limit for claiming children as dependents? Answer: As you might expect, the answer to this question is not simple. Rather, it reads like a quiz in logic. The IRS says, “Age is a factor in the qualifying child test. But a qualifying relative can be any age.” Taking this one step at a time: What is the “Test to be a Qualifying Child?” According to IRS Publication 501, Exemptions, Standard Deduction, and Filing Information, a child qualifies for deduction on federal income taxes as follows: • Age nineteen is the magic number, unless the child is a student, in which case it’s twenty four. And there’s no age limit if the child is permanently and totally disabled. The IRS says, “The child must be (a) under age 19 at the en