I claimed my daughter on my taxes, she is a qualified dependent under the age of 24 and attends school full time at a University. I was unaware until recently that the room and board were classified as taxable income on the 1098t. Who has to claim the room/board as income on their taxes? Is it the parent that claimed the student as a dependent or the student? The student otherwise had a zero income but the room and board on the 1098t was 15,000.
