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Education
Thanks, to you and Hal_Al. The numbers on the 1098 don't seem to relate to the numbers on her financial aid statement but I'll figure it out somehow.
As a follow-up question: regarding the Coronavirus Economic Impact Payments under the CARES Act - since we didn't get a payment for her (because she's over 17), can it be worthwhile to have her file a return as a non-dependent, in which case at her level of income she would get only a portion of the AOTC but collect all $1200 of the CARES Act payment? (Is claiming a dependent optional? I've never had that issue before of course). At my income level I'm not getting the full benefit of AOTC anyway.
Thanks
‎July 9, 2020
11:18 AM