brad1986
New Member

Student no longer qualifies as dependent

My son is a full-time graduate student who turned 24 in September 2020, and since he earned over $4,300, I believe he no longer qualifies as my dependent. He meets all other criteria for dependent (living at home, receives over 50% support from me, etc.)

 

Some of his education expenses are paid from his 529 account, and some are paid by me. On whose return do I include the 1098T? How does this impact his tax return?