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Candace is a single tax payer with an AGI of a $150,000 and has one dependent, Carlos. Carlos goes to the University of Texas and
Candace is a single tax payer with an AGI of a $150,000 and has one dependent, Carlos. Carlos goes to the University of Texas and he filledout a 1098-T.
he only filled out box 1 of the 1098 T.(Payments received for qualified tuition and related expenses ) of 9,000
A-Can Candance deduct this amount?
B-If so , does she has to fill out a Form 8863?
C-if so, where does she report this amount in this Form.
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