2006-06-09 07:22:49 · 11 answers · asked by q1mixer 2 in Business & Finance ➔ Taxes ➔ United States
I mean the 2500 dollar deduction
2006-06-09 07:25:57 · update #1
What $2,500.00 deduction?
If you mean the $1,000.00 additional child tax credit then no you cannot. (the new law cuts to the age to 17 at the end of dec.2005) -
Now if you mean the standard dependent deduction, yes you can still claim him up until he turns 24-providing he remains at school.
2006-06-09 17:06:09 · answer #1 · answered by bluedawn 3 · 8⤊ 0⤋
You can take a deduction on him as long as he does not file taxes and as long as he lives with you and you support him financially no matter his age.
2006-06-09 14:33:45 · answer #2 · answered by courage 6 · 0⤊ 0⤋
Not as long as he's living under your roof. If you are talking for tax purposes, and you are providing his support then yes you can write him off.
2006-06-09 14:26:21 · answer #3 · answered by lynda_is 6 · 0⤊ 0⤋
do you mean for tax purposes? sure, you can still take a deduction for him until he's 18.
2006-06-09 14:25:18 · answer #4 · answered by Kutekymmee 6 · 0⤊ 0⤋
If he lives with you and you support him, yes, you can write him off as a dependent on your taxes.
2006-06-09 14:25:25 · answer #5 · answered by Anonymous · 0⤊ 0⤋
What do you mean by write off?
If you are referring to abdicating parental responsibility for him, then no.
2006-06-09 14:25:08 · answer #6 · answered by kja63 7 · 0⤊ 0⤋
you mean on your taxes? if hes still in school , you can definitely write him off on your taxes... and continue to do so if he goes to college!
2006-06-09 14:26:15 · answer #7 · answered by Ms Fortune 7 · 0⤊ 0⤋
sure just change the locks and call the police if he tries to get in.
2006-06-09 14:25:38 · answer #8 · answered by ? 6 · 0⤊ 0⤋
if he's a student you can claim him till he's 24
2006-06-09 14:31:47 · answer #9 · answered by webjnke1 7 · 0⤊ 0⤋
You still remain his father. come rain come sunshine.
2006-06-09 14:35:00 · answer #10 · answered by cancer 2 · 0⤊ 0⤋