My daughter received her 1098-T form for 2024. Box 5 = $29,500 which includes $10,000 of her scholarship and grants for Spring 2025(disbursed in December 2024). Box 1= $28,500 because it only reflects 2024 Spring and Fall Semesters. Box 1 does not include the tuition and fees for Spring 2025. We paid $10,000 Total for her tuition and fees (out-of-pocket payments + student loans) in 2024. The timing for which her Spring 2025 Scholarships and Grants was disbursed made it look like we never paid any tuition and fees for 2024. This also prohibits me from claiming the American Opportunity Credit. Please advice on what I should do so I can claim the credit.
