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A scholarship received by a child who is a student isn't taken into account in determining whether the child provided more than half of his or her own support. (See Pub. 501 or code section 152(f)(5)) However, watch out for the kiddie tax. The $13,000 is considered unearned income for purposes of the kiddie tax, so child's return would need Form 8615 if it is all taxable.

Scholarships in excess of tuition would be compensation. However, you'll need her bursar's statement to see the actual ins and outs. Colleges still report wrong much too often.

It's listed by the IRS as a draft form, but it does list a posted date of 02/02/2022.

Thanks for all responses. We got it figured out by getting more info from the school. This board, as many will attest is an incredibly valuable resource. Thanks again

We use Daybreak Virtual to answer our phones - https://daybreakvirtual.com/ They cover our phones M-F 9a-5p, so everyone who calls talks to a human and does not go to voicemail. They schedule all appointments, confirm all appointments, make followup calls, etc. Their team communicates us via slack so we can authorize which calls to put through. Couldn't do this without them. Their billing is based on usage: "Combined productivity equivalent to one or more 6-9 hour per week clerical employees"

Make sure those 13K in scholarships are not more than 50% of her support and report that income on the dependent's return and call your next client.

But that is the reality of cash basis accounting. And since December 31 has come and gone, it is too late to plan around it.

Even if land and residence are broken out, nothing for appliances.

Thanks, I will be meeting with this client again on Friday. I will have her log in and look at everything we can find. I post the results.

Yeah, sorry, I let every call go to voicemail unless it's a known number.

Some years ago, I used Ruby Receptionists and was very pleased. With them (at least at the time) you could get service just for the busy months. You can also give them instructions on when to forward a call. But it's been some years (stopped after I merged with a friend's practice) so can't tell you how they're doing these days.

The key question is"When was it available to be rented?" That determines when depreciation and related expenses can be deducted.

I have submitted more than one set of 1099-NEC for a client, with no issues

I just used it to help determine of an adult, disabled child is a dependent, and found it very useful. Judy, perhaps this could be a 'pinned topic' ??? Thanks, Lynn

Wow, as if we didn't have enough challenges already! "Subject: New Form 1040 Business Rules and Schemas are Scheduled for Delivery on or around February 10, 2022 Attention: Software Developers, Return Transmitters and Authorized IRS e-file Providers/EROs Software Developers and State organizations may download Modernized e-File (MeF) schemas and business rules from their e-Services mailbox. To access these files, you must have: An active e-Services account An e-file application with the Software Developer or State provider option with the associated tax type of 1040, 2350, 4868, 56 or 9465 Tax Year 2021 / Processing Year 2022 Business Rules and Schemas Form 1040 Series 2021v5.2 Form 2350 2021v1.1 Form 4868 2021v1.1 Form 56 CUv22.1 Form 9465 CUv24.1 Please visit the Modernized e-file (MeF) Schemas and Business Rules page on IRS.gov for more information about MeF Schemas and Business Rule."

Changes should not be done mid-tax season.