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Ask Dave

Write That Kid Off!

How long is too long? The government defines when a kid can no longer be considered a dependent.

QUESTION: Bob asks at what age they lose a stay at home college student as a dependent. Not a kid any more after this age, says Norm.

ANSWER: At 24, the kid’s gone and you can’t use him anymore for tax purposes.

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Taxes Made Easy! 

Taxes Made Easy

Take the stress out of tax prep with our free checklist.

Taxes Made Easy! 

Take the stress out of tax prep with our free checklist.