Education

If you have time......

I did as you said and input $4000 in Box 1 of 1098-T which is resulting in the $2500 AOC.  (Honestly I don't know how I would know to do this as just a regular TT user. )  Should I do the same for my daughter?

 

So while I'm trying to search down my son's W-2 I'll ask you about my daughter.

 

When I input her info. into my return, TT said that her 529 wasn't resulting as income so I wasn't going to file a return for her.   Below is her info:  

 

She received a 1099-MISC for $1300 for summer internship. No other income.

 

1098-T:  Box 1:  $12154

               Box 5:  $8860.

 

1099-Q:   Box 1:  $27400.

                  Box 5:  $16659.

 

Other expenses:  Room and Board:  $14404

                                Books:  $467

 

Thanks again Hal_Al!