IF as parent we paid a Childs full tuition and board for 2019 why is the total amount not reflected soon the 1098 T THEY RECEIVED
02580
2 Replies
Texas Roger
Level 15
Jul 16, 2020 8:29:26 AM
The 1098-T does not show payments for room and board. It only shows payments for tuition and fees in box 1.
Carl
Level 15
Jul 21, 2020 3:44:10 PM
For scholarships, grants and out of pocket expenses the only "QUALIFIED" education expenses are books, tuition, and lab fees. That's it. There are no exceptions.
Room and board is not a deductible out of pocket expense, and never has been.