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I need to amend my sons return. I filed his first, then when I did mine, we had to claim room and board at college due to a lot of scholarship money
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I need to amend my sons return. I filed his first, then when I did mine, we had to claim room and board at college due to a lot of scholarship money
Generally, no. Room and board is usually not considered a deductible education expense.
The one exception is if room and board was paid for with a Coverdell ESA or 529 plan distribution. In that case, the cost can be deducted from the taxable portion of the plan's distribution.
So you may not have to amend your sons taxes unless there is something else that needs to be changed. Follow the steps below to amend taxes.
1.Sign into your TurboTax account, if you're not already signed in.
2.In the 2016 tax year section, click amend (change) return.
3. In the pop-up, click amend using TurboTax online.
4.Click continue on the we'll help you change (amend) your return screen.
5.Follow the on-screen directions to amend your return.
6.When you're done, will provide instructions to print and mail your amended return because and amended return can't be e-filed.
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I need to amend my sons return. I filed his first, then when I did mine, we had to claim room and board at college due to a lot of scholarship money
Generally, no. Room and board is usually not considered a deductible education expense.
The one exception is if room and board was paid for with a Coverdell ESA or 529 plan distribution. In that case, the cost can be deducted from the taxable portion of the plan's distribution.
So you may not have to amend your sons taxes unless there is something else that needs to be changed. Follow the steps below to amend taxes.
1.Sign into your TurboTax account, if you're not already signed in.
2.In the 2016 tax year section, click amend (change) return.
3. In the pop-up, click amend using TurboTax online.
4.Click continue on the we'll help you change (amend) your return screen.
5.Follow the on-screen directions to amend your return.
6.When you're done, will provide instructions to print and mail your amended return because and amended return can't be e-filed.
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