my daughter didnt enter her 1098-T on her return but i take the deduction on my return will it be a problem for my tax credit? should she amend her return and add it in. thanks for any help.
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Hi! I would love to help:) If you claim your daughter as a dependent on your tax returns you can put her 1098 T expenses on your return. She also could file an ammended return, the choice is yours. Is your daughter in her first 4 years in college? If so, she may qualify for refundable income credits under the American Recovery Act. In prior years only tuition was an allowable expense but the Recovery Act allows students in 2009 and 2010 to also deduct some qualified expenses. I am a college instructor and I have helped a few of my students take advantage of the great deductions and refundable credits available to them in 2009. Please let me know if you have other questions or would like help ammending or filing the returns.
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