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Education
Re:
Box 5 shows only her scholarship from the school - 16,650
The 529 distribution is only represented in Box 1.
Neither her nor I endorsed a check from the 529 plan.
Uh yea...
My Box 1 1098T shows $40K in total Payments.
My Box 5 1098Tshows $22K - which (coincidently?) happens to be her scholarship award.
The balance is $18K. Since her loans and cash were $7K..the only thing left was the 529 Payment which was made directly to the school...which on the 1099Q shows...$11K.
Someone from TT should step in here and clear things up!
‎February 28, 2020
11:11 AM