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Deductions & credits
Thanks for the quick response MinhT1.
Still not fully clear on this subject. Please clarify the following:
- I am getting from you that dependent child in my situation does not need to file. Then, Why does Turbotax tells me that the dependent child... "will need to file a tax return to include the $1200 amount taxable income"?
- Confused by point # 3: 1098-T, box 1: $6950, box 5:$8150. Does that mean dependent child needs to file?
Thanks
March 10, 2025
9:25 AM