Q. Would I have to amend each of my children's tax returns for 2023 or can I just amend mine?
A. It depends on the amounts of taxable scholarship.
If taxable scholarship is the student's only income, there will be no tax until the amount gets to $14,600. So, there is technically no requirement to file,
Normally I would say, you may want to file anyway just to document the reporting of the scholarship as income. But, in this case, probably not.
