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Yes, tuition paid from loans are considered as paid by your daughter.
She can report the actual tuition paid in TurboTax if the amount reported in Box 2 of form 1098-T is not the amount actually paid.
In TurboTax, when filling out your form 1098-T, enter only the amount in Box 2, even if both boxes 1 and 2 are filled.
Under box 2, on the 1098-T screen is a link: What if this is not what (student name) paid to the school? Click on that and you will be given a chance to enter what was actually paid in 2016.
Yes, tuition paid from loans are considered as paid by your daughter.
She can report the actual tuition paid in TurboTax if the amount reported in Box 2 of form 1098-T is not the amount actually paid.
In TurboTax, when filling out your form 1098-T, enter only the amount in Box 2, even if both boxes 1 and 2 are filled.
Under box 2, on the 1098-T screen is a link: What if this is not what (student name) paid to the school? Click on that and you will be given a chance to enter what was actually paid in 2016.
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