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Parent or Student or both enter 1098T?
My student worked last year before college started and made approx $7,600. So she will file her taxes, but she was 18 on Jan 1, so I will claim her as a dependent. Her 1098-T has 48,070 in Box 1 and 51,484 in Box 5. Do I enter that data in my taxes alone, not hers? or do we both enter the data from 1098-T? I realize that the overage of $3,414 is taxable as room and board is not an education expense. We have approximately $1,900 spent on "other educational items" such as books and laptops that aren't included in the 1098-T.
I have read several responses to similiar questions, but the amounts on the previous posts varied and I am unsure.
Thank you so much
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‎February 15, 2023
2:22 PM