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Education
Thanks so much for your input!
Here are some numbers...
Nothing reported on Schedule 1 line 8 of my taxes.
His box 1 1098-T amount = 38,802
His box 5 1098-T amount= 22,177
Who's name and SS# are on the 1099-Q = my son's
The amount in box 1 of the 1099-Q = 10,789
The amount in box 2 of the 1099-Q = 5,874
The amount of book and other course material (incl. computers) not in box 1 of the 1098-T = 287
The amount paid for Room and board = 10,329
...Would those numbers require him to report taxable income from the 1099-Q?
March 27, 2020
10:29 AM