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Deductions & credits
So the 529 paid her Fall tuition/room/board/fees minus the scholarships/grants directly to college ( $9K).
We paid the deposit and books out of pocket ($600).
She will also have a federal student loan for $2K for this fall semester.
So both 1098 and 1099 should go on my daughters return?
And nothing on ours (the parents)? No education credits allowed?
March 23, 2023
9:27 AM