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Education
Hi,
My 1098t is show excess of income by $8000 which was used towards housing, transportation etc.
box 1 - $4,000
box 5 - $12,000
My mom usually claims me as a dependent but I also worked in 2021. I am filing but selecting the that someone can also claim me.
Should my mom still keep me on her taxes?
Do the both of us report the 1098t?
Can the exceed of $8000 be used in a loophole?
As of right now turbo tax is showing at I owe almost $1000.
March 17, 2022
8:45 AM