Abit confused .. would appreciate your help in clarifying.
1.Would my daughter report the differnce $1125 as earned income on line 1 of the 1040 and claim a standard deduction or the entire 1098T? She has no other income.
2. Could we still claim her as a dependent on our tax return ? She meets the criteria (18 in 2021)
3. She had expenses of $2600 for computer and books. Could we claim this ?
3. The scholarship was used for tuition, except the $1125 that paid for room and board. We have no Pell grants. Who would get this deduction ( my daughter or us?).I don't quite understand how to allocate to get maximum AOTC. Thanks!
