My daughter is a freshman in college with a full athletic scholarship. I'm confused about who claims the 1098-t that we received which has $0 in box 1 and $30,000 in box 5. I understand that her room and board might be taxable, but I'm unclear as to who claims it, and how we determine the cost for room and board. Would it be just half the year since it's her first year in college? I'd prefer that she files the 1098-t if possible since her tax rate will be lower than ours. If she does, is it ok that my husband and I claim other education expenses (computer, enrollment fee) on our taxes since we used the 529 for that.
