My return was accepted by IRS today. Last week after I filed, I received a corrected 1098T for my son. Box 1 increased from 10,122.83 to $11,255 and Box 5 increased from $3,706.00 to $7,626. I want to know if this change will have an effect on my refund - up or down. I did take the tuirition credits offered and my son will not claim on his taxes.
Do I need to send an amended return? Some sites say if it doesn't make a change in the refund, then no, but keep both copies. The problem is that I dont know if there is a change because I did through TurboTax and cant do another return. Help!!
Mostly want to know if it will take away money from my return and I will need to refund the IRS.
