My college age son (19) only attended college this fall as a full time student. He did not take classes the rest of the year. He worked some but only made around $10,000 for the year (but that's above the $4200). We did support him by way more than half of his living expenses during the year.
I'm just learning that he does not qualify to be claimed as our dependent because he was not a full time student for enough of the year, plus he earned too much.
For the tuition we paid for him, I made a claim on the 529 plan for him, but it came to me with my social security number. So, I have a 1098T for him, but a 1099Q with my ss#.
How to manage this tax-wise?
