Consider the rules for claiming a child as a dependent. If Kyle is 22 years old and graduated college in June of the current year, can he be claimed as a dependent by his parents? What if he earned $20,000 during the year and paid all of his $12,000 of living expenses? If Kyle's parents tell him they are going to reimburse him for $6,001 of his living expenses, would your decision change? Why or why not?