1098-T non-dependent child

[egomezb]

I received a 1098-T form from my son's college, he already filed his taxes this year and said nobody else can claim him as a dependent (he made more than $6000 on his part-time).   Can I still get a deduction for the amounts on the 1098-T? Or does he needs to file an amended tax return?

[KrisD · Accepted solution]

If your son was a full-time student and was under 24 at the end of 2016, the amount he earned for his part-time job is not limited. He may still be considered your dependent.

If he was 24 or older in 2016, then the earnings of $6,000 would preclude you from claiming him.

Whoever claims the student's exemption, reports the 1098-T and applies for an education credit.

If he is your dependent, and he claimed his exemption, he would need to file an amended return and elect that he is a dependent.

CLICK HERE for TurboTax help on Rules for Claiming a Dependent on Your Tax Return

CLICK HERE for IRS Pub 970 Tax Benefits for Education