MarilynG1
Expert Alumni

Deductions & credits

Room and Board cannot be paid with Scholarship/Grant Funds, only with 529 funds.  Don't enter an amount for this if you didn't also have a 1099-Q to enter for a 529 distribution. 

 

If Tuition is larger than Scholarships on the 1098-T, you could qualify for a credit and the student has no Excess Scholarship to report on their return (if they are required to file a return).  You can enter the 1098-T in your return. 

 

Your daughter would need to have income over $6300 (including any Excess Scholarship) to be required to file.  If she is not required to file, the excess scholarship is not reported. 

 

Click this link for info on How to Enter a 1098-T

 

 

 

 

 

 

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