@Hal_Al
Provide the following info for more specific help:
- Are you the student or parent. PARENT
- Is the student the parent's dependent. YES
- Box 1 of the 1098-T $50,990.50
- box 5 of the 1098-T $36,455.00
- Any other scholarships not shown in box 5 NO
- Does box 5 include any of the 529/ESA plan payments (it should not) NO
- Is any of the Scholarship restricted; i.e. it must be used for tuition scholarship applied directly to her total charge for each semester (tuition, university fee, etc)
- Box 1 of the 1099-Q There are two: one from ESA ($14,722), one from 529 ($27,886)
- Box 2 of the 1099-Q ESA (blank), 529 (Box 2 "earning" $12,825.80)
- Who’s name and SS# are on the 1099-Q, parent or student (who’s the “recipient”)? ESA (student), 529 (me)
- Room & board paid. If student lives off campus, what is school's R&B charge. School RB charge: $16,876
- Other qualified expenses not included in box 1 of the 1098-T, e.g. books & computers $600
- How much taxable income does the student have, from what sources None
- Are you trying to claim the tuition credit (are you eligible)? ?? Trying to claim either the Amer Opp or Lifelong Learning, whichever saves more
- Is the student an undergrad or grad student? Undergrad
