Hi,
Just want to make sure i'm doing this correctly. We can claim our 20 year old as a dependent. She has worked two part time jobs, and will be filing taxes.
We put the 1098-T on our taxes, and plan to put the 1099-Q on hers.
1098-T Box 1 $20,175
1098-T box 5 $7,800
Room & Board and meal plan totaled $8975
1099-Q total is $5300
Does she even need to report it? I want to make sure this is the correct way to be doing this. Any advice is appreciated!
