Education

Hal_AL,

 

Can you comment on how adding taxable scholarship income to a child's return would affect the premium tax credit on my return?  That form asks for the MAGI of the parents and the child.  Would that taxable scholarship income be included in her income for the purposes of that form?  If so, it would change the total family MAGI that was projected for 2019 and result in us having to pay back some of that credit.

 

Thanks.