OK, so if I don't claim my daughter on my 2021 tax return I cannot report any education credits, loan interest, etc. for her on my tax return. She can report these credits on her 2021 tax return.
Concerning claiming her, she meets all this criteria - she is my daughter, age of 21, went to school full time for five months (Aug-Dec), and lived on campus (residence is still home).
For this criteria, I'm still not sure - The claimed dependent must not have provided more than ½ of their own support during the year, even if they were able to. However, income from scholarships is not considered support.
In the feedback I received, there was the note about cosigning and scholarships. For all her loans and apartment, I did co-sign for everything. By cosigning, does this possibly change how the 1/2 support question should be answered. Here total income for 2021 was 26K.
