Thanks for your response. This seems very complicated.
Need info for both student and parent.
Student is parent's dependent.
Student had no other income.
1098-T box 1 = $56,000
1098-T box 5 = $40,000
all scholarships and grants reported in box 5
No 529 plans in box 5
$8,000 in grants (Pell and SEOG) not restricted to tuition
1099-Q box 1= $22,000
1099-Q box 2 = $10,000
Student's name and SS on 1099-Q (payments sent directly to school)
Room and board = $19,000
Other qualified expenses = $2,000
Student has no other income
Yes, parent trying to claim tuition credit
Student is undergrad
Student is degree candidate, full-time
