Foxy-Lady
Level 3
03-07-2022
08:02 AM
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Originally filed couple with 2 children. 1 child has income and 1098T. Filed child as a depended so parents took the 1098T. After everyone was filed, the couple received a 1099R for when they took a large some of money for their new home. I asked about this over and over now everything is filed I have to fix. The some is so much it knocked them over $175,000 and loss the child credit, 1098T and the additional stimulus since 1 child is every other year.
Since I have to amend the couples return, can I take the College student off completely and redo his return reflecting the 1098T.
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