Son is our dependent. Entered his 1098t & 1099Q on our return but have no tax credits because of excess, so HE needs to report as income. Do I leave it on our return too?
Son is our dependent. Entered his 1098t & 1099Q on our return but have no tax credits because of excess, so HE needs to report as income. Do I leave it on our return too?
No, do not leave it on your return too.
That would cause money to be taxed twice, so take it off your return.
Son is our dependent. Entered his 1098t & 1099Q on our return but have no tax credits because of excess, so HE needs to report as income. Do I leave it on our return too?
No, do not leave it on your return too.
That would cause money to be taxed twice, so take it off your return.
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