I wonder if anyone can share some tax tip for filing 2021. My older kid started college Fall 2021. Here is our situation
- tuition, room & board: $37,000 (tuition alone was 27k) paid by our ESA and 529 withdrawal
- no grants or scholarships. full pay to the private university
- our 2021 AGI 300-400k
- our kid worked with 5k w2 income and will file his own tax return (we claim him as dependent which I think is required even though we don’t get any benefits because he is already 19 years old)
- His Roth was contributed with 5k.