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Education
See my answers below in red.
- Are you the student or parent. I am the parent
- Is the student the parent's dependent. Yes she is a dependent
- Box 1 of the 1098-T 32,900
- box 5 of the 1098-T 18,050
- Any other scholarships not shown in box 5 No
- Does box 5 include any of the 529/ESA plan payments (it should not) No
- Is any of the Scholarship restricted; i.e. it must be used for tuition No
- Box 1 of the 1099-Q 21,521
- Box 2 of the 1098-Q 8,578
- Who’s name and SS# are on the 1099-Q, parent or student (who’s the “recipient”)? student's name
- Room & board paid. If student lives off campus, what is school's R&B charge student lives on campus, R&B is $7,165
- If the student live at home, what is the school's meal plan allowance N/A
- Other qualified expenses not included in box 1 of the 1098-T, e.g. books & computers books $83, computer $1399, parking permit $160 (don't know if this qualifies)
- How much taxable income does the student have, from what sources $2200 worked during summer
March 13, 2021
1:05 PM