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1098T/expenses for dependent
Hello,
We received 1099Q from 529 plan - one of which was in parent SS, one in dependents SS#. We also received 1098T. Our expenses for the year exceed the amount received from 529. In addition, my child did receive scholarships that are included on 1098T. (possibly taxable). We will not receive or have never received an education credit.
I will be claiming my child as a dependent but she earned a small amount so it is beneficial for her to file also for refund.
In TT, do I enter same information on both hers and our returns for 1098,1099, and expenses? When I enter for her, it has Schedules 1 & 2 included with filing, along with 5329 for dependent's return. Those forms are not included on our return.
Is this correct?
Thank you
‎February 8, 2023
11:04 AM