It is more and more common for children who have graduated from high school to continue to live at home. This is true for a variety of reasons. It could be that your adult child is living at home but taking college or trade school classes. Or, an adult child has medically dependent needs. The question is, as a parent, when can you claim your adult child as a dependent on your taxes to get an exemption for them?
Since each exemption is worth up to $4,050 for the 2017 tax year, it is important to know whether or not you can make an adult-child claim.
The IRS has very specific requirements on how and when you can claim an adult child as a dependent.