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1098-T
My son, who we claim as a dependent, had to use some of his scholarship to pay for room and board making it taxable. We were told that both him and us should add the 1098T to our return. I did the math wrong on ours and put $800 went toward room and board but didn’t realize I was wrong until after I submitted our taxes. His taxes will have the correct number of $2,300. Do I need to file an amendment for our taxes? He does have to file since he had over $12,000 from working during the year.
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January 30, 2025
8:46 AM