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Education
Thank you for your reply. I appreciate it. I wish I could say that it's become clear to me, but it has not. I put in the 1099-Q info on my daughter's return, but when I go to my return to enter in the 1098-T info the Tuition and enrollment fees portion is already hard coded as $0.
I opened the form to input to the 1098-T, but since that form only has what the school received and scholarship amount, I don't see where I'm able to claim what was paid out of pocket (from previously funded prepaid plan).
For example, if there was $2000 paid from the prepaid fund, how do I get to take the American Opportunity Tax Credit for it? As you said, it's complicated and I don't know if I'm more frustrated with the turbotax, the tax code or if it's a tie.