(On your return, enter $1750 in box 1 (add any book and computer costs you paid) and 0 in box 5.
On her return enter 18230 (19980 - 1750) in box 1 and 29,250 in box 5. )
Will doing this step end up making it to where our daughter would have to pay taxes on the amounts listed on the 1098-T and do I have to do the loophole mentioned right after this step to make this work? We don't want to screw over our daughter to claim the $1,750.
