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Education
Hi Carl, I hope you are doing good. I wanted to ask if this information also pertains to 2020 tax returns? Just to make sure I understood correctly, so every time scholarships exceeds qualified tuition and related expenses the CHILD reports the 1098-T on their return? And if qualified tuition and related expenses exceeds scholarships, the PARENTS reports the 1098-T?
March 8, 2021
7:49 PM