I have looked but have not been able to find an answer to this question.
My son graduated from college this year (this month - June).
When he files his 2024 tax return next Spring, is he considered a full time student (and thus subject to the Kiddie tax if he has significant unearned income), or because he has now graduated, is he no longer considered a full time student?
In other words, is the determination of full time student status made if he was a full time student at any point in the tax year?
Greatly appreciated if anyone has a reference or link to answer this question.
Thanks,
Aussiedog
My son graduated from college this year (this month - June).
When he files his 2024 tax return next Spring, is he considered a full time student (and thus subject to the Kiddie tax if he has significant unearned income), or because he has now graduated, is he no longer considered a full time student?
In other words, is the determination of full time student status made if he was a full time student at any point in the tax year?
Greatly appreciated if anyone has a reference or link to answer this question.
Thanks,
Aussiedog
Statistics: Posted by aussiedog — Mon Jun 17, 2024 6:41 pm — Replies 4 — Views 272