Ok, thanks for explaining. I wasn't sure if pell grant money could be used tax free and allocated to room and board living expenses to help claim education credit in a "different" more helpful way?
Another question...In 2024 we had a remaining balance due both semesters after scholarships/grants paid. Is the money we paid considered out of pocket and therefore not included in box 1 1098 QEE tuition paid? Can that be used to claim the AOTC and not have to add $4k to student's entry in box 1 taxes and our box 1?
