My son (19) is a full time college student and works to pay for some of his education. He made over $5,050 last year. We were advised that he needed to be claimed as our dependent to qualify to be on our marketplace insurance. Now, we are unable to claim his 1098-t expenses on our taxes because he made too much money to be a dependent, and he cannot claim his 1098-t because someone else is claiming him as a dependent. Help, please.
You'll need to sign in or create an account to connect with an expert.
You answered something incorrectly in MY INFO. If he is a qualifying child dependent he can earn more than $5050. Click his name in MY INFO and go through those screens again. Watch for the screen that says "Less Common Situations" and make sure you clicked that he was a full-time student.
Thank you, my friend. I had missed that box.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Agately
New Member
AE_1989
New Member
Khan3855
New Member
stephanie-dotson
New Member
andrader05
New Member