Can I get another solar federal tax credit if I move?

How much would my Father get in Child Tax Credit if he claimed a 19 y.o. as a dependant on his taxes?

• I am a 19 year old male who still lives at home, is a full time student but provides ALL of my own support. I am wondering just how much my father would receive in Child Tax Credit if he and his wife (who made around $70,000 in 2009) claim me as a dependent on their joint taxes? I understand that he can claim me as a dependent until I move out, am 24 years old, or get married. I am not sure though if he can claim me if he did not provide any support for me financially. The only support my father has given me is paying a few bills that I eventually paid him back for. My car insurance is in his name, my car is in his name and I am still covered under his health insurance. He pays the bills every month (cell phone, tv, etc..) and I pay my portion that we collectively agree I should pay. I do not pay rent nor do I eat his food. He recently got re-married a year and a half ago and his income doubled. My mother is deceased If he claims me as a dependent, I owe in taxes to both the State and Federal Government almost $600! If he doesn't claim me I should receive around $450. I have already lost out on $4800 (now increased to $5300) in FAFSA from my state for 2009 and will probably lose it again for 2010. What should I do?

• Answer:

  not a thing the personal exemption for any person on a tax return is $3650, there is a child credit of $1000 for a child in the home under 17 that applies to the tax liability, it is not a refund and neither is the exemption amount actually you are still a qualifying child for your father to claim and since he really doesn't need your exemption you should discuss it with him by the way support consists of your portion of rent(or mortgage) taxes, insurance, repairs, food, clothing, medical, transportation and entertainment, it looks like he provides more than 50% of that for you and is entitled to the exemption(it only reduces his AGI to a lower taxable income)