$25000 of excessive scholarship for 2024, so is it still possible to use "tax loop hole" method to claim full american education credit? it is a lot of money to add on my son's internship income, the total will be $69000, so my question is can I put the excessive scholarship to be my income on my tax return? my son only report his w-2 income (summer internship money) on his own return? can I still get the education credit on my tax return?
