Answers to the questions
- Are you the student or parent. Parent
- Is the student the parent's dependent. Yes
- Box 1 of the 1098-T $8,935
- box 5 of the 1098-T $0
- 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 $15,220
- Box 2 of the 1098-Q $9,197
- Who’s name and SS# are on the 1099-Q, parent or student (who’s the “recipient”)? Parent
- Room & board paid. If student lives off campus, what is school's R&B charge $6,390
- Other qualified expenses not included in box 1 of the 1098-T, e.g. books & computers
- How much taxable income does the student have, from what sources $2,307 - Work
I am trying to add this information to my taxes. Should I be doing this under my daughters taxes?
