Can you claim a child as a dependent when they're away at college?

We shed some light on a valuable tax-related tip for parents of college students. It highlights the possibility of claiming a child as a dependent even when they are away at school. Contrary to the belief that living away from home disqualifies them as dependents, this video clarifies that parents can still claim their college-going children as dependents if they are between the ages of 19 and 24 and intend to return home during breaks or after completing their education. This insight can be beneficial for parents navigating the complexities of tax regulations and can potentially offer financial advantages for those with college students in the family.