Forgot to add taxable scholarships on my dependent daughters return. The total income after adding scholarships is less than 6100. Do I need to amend her return?

[payal-m]

We filed her return to claim the refund. She had paid taxes on her income. Her total income (Wages+scholarships) are less than 6300. Since we forgot to add the taxable scholarships to the return, Should we amend the return now ? 

[TaxGuyBill]

I would probably amend.

Although she won't owe any taxes because of it, because she did file a tax return the IRS may be 'looking' for it reported somewhere.  If they don't see it, she could receive an IRS notice asking about it.

The alternative is to not do anything, and if/when the IRS notice comes, amend in reply to the IRS notice.

For purposes of FAFSA (Federal Student Aid), you may legally need to amend because FAFSA looks at her tax return.  If it is wrong, she could technically be participating in fraudulent activity for purposes of increasing her Student Aid.

[nickibutthead]

No you do not have to amend at this time. Once your tax return has been excepted or denied, at this time it gives you a chance to change information.

[SweetieJean]

You cannot make changes once the return has been accepted. It must be amended.