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Education
Many thanks!
First I am very sorry calling 1098-T form 1099-T. My negligence.
She has:
1.Room & Board Rental verification, say $10,000 out of overall $20,000 scholarships and grants from 1098-T;
2. Refund from the amount from box 5 ($20000) which was not used for tuition pay transferred to her checking account. ($1000);
3. Additional scholarship in the amount of say $500 in cash in her checking account.
So, she answers "yes" on the question about higher education, and put $10,000 + $1000 + $500 into box 5 of her 1098-T form "report" to make these money "reportable" even though the actual numbers are different and speaking roughly have nothing to do with the college itself?
Did I understand you? Thank you!
I would say it is far from obvious solution. 🙂 Without your help I would never come close to resolution.
It is the trick, it is much better to have the straightforward workflow in the turbotax.