I wanted to clear a few things up to make sure I'm entering things in right....
- I've claimed student as a dependent
- Income is too high for any credits
- I've put the difference between Box 5 and 1 on my students return as scholarship income ~5.5k
- I've put ~1k in regular income from his internship
- I've put the 1098T on my taxes, solely to be able to enter in the expenses so I don't have to pay penalties on my 529 withdrawals
Do I need to enter in the 1098T on student's taxes if I've already put the scholarship income in? The 1098T is addressed to him. Putting it in doesn't change anything owed or given back, since i already had in the income number and i'm not filing any expenses on his return.
Thanks in advance for the help....
