topic 1098t in Deductions & credits

1098t

Tracyrobert01 — Tue, 10 Feb 2026 09:52:40 GMT

Hello. My daughter graduated colleg back in may and git a successful job. I always claim her and the 1098t. How do go about doing it this year? Do i only claim her for 6 months and the 1098t and then have her file on her own since ahe made over 30,000 for the year? I want to make sure i do it right. Thank you!

Re: 1098t

Hal_Al — Fri, 19 Jan 2024 01:34:34 GMT

Q. Do i only claim her for 6 months?

A. No. Part year dependents are not allowed. If she is not your dependent, for 2023, you cannot claim her 1098-T.

Since she graduated in May, she was a fulltime student for parts of 5 calendar months. That means she may still qualify as your "Qualifying Child" (QC) dependent, for 2023.

There are two types of dependents, "Qualifying Children"(QC) and Other ("Qualifying Relative" in IRS parlance even though they don't have to actually be related). There is no income limit for a QC but there is an age limit, student status, a relationship test and residence test.

A child of a taxpayer can still be a “Qualifying Child” (QC) dependent, regardless of his/her income, if:

He is under age 19, or under 24 if a full time student for at least 5 months of the year, or is totally & permanently disabled
He did not provide more than 1/2 his own support. Scholarships are excluded from the support calculation
He lived with the parent (including temporary absences such as away at school) for more than half the year

So, it doesn't matter how much she earned. What matters is how much she spent on support. Money she put into savings does not count as support she spent on herself.

The support value of the home, provided by the parent, is the fair market rental value of the home plus utilities & other expenses divided by the number of occupants.

The IRS has a worksheet that can be used to help with the support calculation. See: http://apps.irs.gov/app/vita/content/globalmedia/teacher/worksheet_for_determining_support_4012.pdf

Re: 1098t

Tracyrobert01 — Fri, 19 Jan 2024 01:56:18 GMT

Thank you!. Yes she is my daughter. I was under the impression that i had to include her income as mine since she made so much. But from from what im reading in your answer is that there is no limit and she can file her own even though she can be claimed as a dependent by me if i understand your answer correctly?

Thank you!

Robert

Re: 1098t

Hal_Al — Fri, 19 Jan 2024 02:35:12 GMT

Q. She can file her own even though she can be claimed as a dependent by me. Is that correct?

A. Yes. In fact, she must file on her own. You are not allowed include her income on your tax return. Her income is high enough to have to file (more than $13,850).

In TurboTax, she indicates that somebody else can claim her as a dependent, at the personal information section. TT will check the "can be claimed as a dependent" box on form 1040.