son and income taxes claim as independent??

we live in colorado my son (hes 19) had a full time job in 2007 we usually claim him as a dependent on our income taxes, this year he will be filing his own taxes can we still claim him as a dependent on our income tax since he still does live at home.

Public Comments

If he was under the age at the end of 2007 are under the age of 24 at the end of 2007 and a full time student, he lived with you more than half of the year, and did not provide more than half of his own support then you can still claim him as a dependent. He can still file his own tax year. He marks the spot where it asks if someone is claiming him.
If he provides over half of his own support, you can't claim him, so a lot depends on how much he earns and what he does with it.
Hmmm did he pay you any rent or boarding money?? Now this can get tricky..
1. Option #1. If your son turned 19 years old after Dec 31 2007, then you may claim him as a dependent so long as he did not provide more than half his own support for the entire year. When evaluating who provided how much support take a look at worksheet 3-1 in Pub 17, on pg 32. For example, with him living at home, you'll take credit for a share of the fair rental value of the entire dwelling if he has use of your entire home. One of the most frequent problems in the support area for parents seeking to claim a late-teen is what the boy may have spent on transportation. If he used his personal funds to buy a car during the tax year, that sum will go into the support he's provided...and MAY exceed the total amount you've provided in support. 2. Option #2. If your son turned 19 years old before Dec 31, 2007, was not a full time student for five or more months and was not permanently and totally disabled, you will not be able to claim him as a dependent unless (1) you provided more than half his total support for the year, and (2) he made less than $3,400 in gross income for 2007. And if you do qualify to claim your son as a dependent, he'll NOT be able to claim a personal exemption of $3,400 on his own tax return. Hope this helps.