- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
- Are you the student or parent. parent
- Is the student the parent's dependent. yes
- Box 1 of the 1098-T 7335.00
- box 5 of the 1098-T blank
- Any other scholarships not shown in box 5 no
- Does box 5 include any of the 529/ESA plan payments (it should not) it's blank
- Is any of the Scholarship restricted; i.e. it must be used for tuition no scholarships
- Box 1 of the 1099-Q 5 distributions totaling 7544.93
- Box 2 of the 1098-Q 5 totaling 3087.11
- Who’s name and SS# are on the 1099-Q, parent or student (who’s the “recipient”)? parent
- Room & board paid. If you live off campus, what is school's R&B charge no room and board
- Other qualified expenses not included in box 1 of the 1098-T, e.g. books & computers 686
- How much taxable income does the student have, from what sources not much-part time job. I didn't put any of this on his tax return. This shouldn't matter if parent is the recipient, correct?
- Your AGI after IRA deduction It depends on how much I deduct. I can make it fall just above or just below the $180,000 cut off.
March 7, 2021
12:48 PM