- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Whose return should I report form 1098-T and 1099-Q on? My return or my dependent son's return. His scholarships exceed his tuition and fees. The 1099Q is in my name.
We claim my son as a dependent on our married filing joint return. His 1098-T shows 14,114.00 in box 1 and 16,138.00 in box 5. Additionally, we spent 629.18 on books in 2018. We also received a 1099q in my name for a 529 withdrawal in the amount of 2747.85. The 2747.85 was then paid by us to his university. My son will be filing a tax return to get a refund of his federal and state withholding from his part time job. Box 1 of his W2 shows wages of 2310.00. Which return should I report the 1098-T and the 1099-Q on. Will they both go on his return, both go on my return, or could one possibly be reported by me and the other by him?
Thanks for any help you can give me.
Thanks for any help you can give me.
Topics:
‎June 3, 2019
4:30 PM