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1098-T
I have two daughters in college. I have 529 accounts for both of them, of which I am the owner.
1. In the Education section, TTax is only picking up the 1098-T amount for one daughter; it is not adding in the 1098-T amount for the second daughter. Why? She is a full time student working on a four year degree. (Not a felon by the way.)
2. For the daughter for which TTax is picking up the 1098-T number, TTax is subtracting the scholarship amount from the amount in box 1 of the 1098-T. The heading of Box 1 is payments received for qualified tuition, etc. I am assuming that refers to payments from me. Is that correct?
Help.
March 24, 2024
3:38 PM