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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?
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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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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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