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Education
Thanks.
She had 16,501 of total income but 9,799 of that was from the taxable scholarship. We were looking at 2 scenarios to see which one was the best situation. She supported herself a good bit so we could either claim her as a dependent or not. One option is we claim her as a dependent and we claim the 1098-T on our return the other option is she claims herself and the 1098-T on her return.
If we claim her as a dependent, don't we have to claim the AOTC on our return? Or are you saying that we cannot claim her as a dependent if her income if over a certain amount?
Thanks.
‎April 13, 2020
5:56 PM