in Education
This is very confusing. He worked a summer job and earned $3000. He received $20,000 in 2018 from scholarship. Some of the scholarship had to go to room and board...somehting like $4000. Should he file for himself to keep this tax down? Or do I still put him on my 1040?
You'll need to sign in or create an account to connect with an expert.
There are two options and you can choose which one benefits you the most.
1. You keep him as a dependent on your taxes hence he is required to file his own taxes.
Per IRS, a dependent is required to file if he or she is a:
2. You don't claim him and he doesn't file his taxes.
There are two options and you can choose which one benefits you the most.
1. You keep him as a dependent on your taxes hence he is required to file his own taxes.
Per IRS, a dependent is required to file if he or she is a:
2. You don't claim him and he doesn't file his taxes.
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.
ssptdpt
New Member
in Education
rmeades
New Member
jason805sm
New Member
in Education
cdwal
New Member
in Education
Tax_Fledgling
Level 1
in Education