Thank you and sorry for the delayed response. I thought TT would email me when someone replied!
1. Sorry - the 1098T does not include room and board, you are correct
2. Was not planning on entering the car anywhere - I just provided that info as insight to give full picture of our situation
3. 1099-Q is in our daughter's name, not ours. We always be sure distributions either go direct to the college or direct to her.
4. 1098-T box 1: $11,496; box 5: $9671.00
5. 1099-Q box 1: $13278.00; box 2: $5720.10 (please note that $910 will be re-contributed to 529 due to refund from the school due to pandemic)
6. Total room & board: $4196
7. Books, materials, computer, fees not reflected on 1098T: $3233
8. Daughter has 0 reportable income outside of the additional 529 distribution used to purchase her car, which comes out to $3608 by my calculations
Thanks so much! I'll stay on this site rest of the week to reply and appreciate your help!!
