ana_
Level 1

Kid went to college, worked part time this summer, get some federal scholarship (FAFSA based), we support him of course

Hello!

 

Our son is 19 yo; he graduated from high school this Spring (2022); worked 2 summer months (earned less than 2k); he went to college in a different city (so he lives separately from us in a dorm from Aug 2022); he got a loan from Federal dept of Education (FAFSA based) and of course we are paying for everything else what is left to pay for (his housing partially, books, food, clothing, electronics, etc) - as loans are not covering 100% of his living& college expenses. He got BrightFutures scholarship from State (we are in Florida) which covers his tuition (but not books or anything else), which is resolved between Florida dept of Education and his public College directly. Do we (parents, both working, married filing jointly) file taxes all together with him as dependent or does he file taxes himself for 2022 then? If we file them with him being dependent, all these loans, scholarship (not sure on this one as he never saw these money), his summer earnings - how do we report this?  If he does file taxes himself, then our expenses on his and his study can not be claimed as we can not claim him as a dependent anymore? Thank you in advance, Ana.