We got a 1098-T for 2024 where line 1 is less than the tuition and fees paid in 2024 (forget about R&B, meal plans, books). I understand that not all expenses (e.g., R&B, meals) count toward the AOTC, but we're not claiming the AOTC this year. However, we did take money out of the 529 (much less than what the university charged us, since the 529 is running low), and now over $2500 of that is being taxed as income. Where do I put the additional charges the university is not including on line 1? Or do I modify line 1 to be what we actually paid for allowable 529 expenses?
