These forms are so confusing. Here's my situation.
My daughter is a full-time student. She gave me her 1098 T and 1099 Q forms - we're claiming her on our taxes.
I was told by TT that both of those forms go on OUR return for that reason. When I was entering the info from 1098 T and 1098 Q I got a message that said our daughter would have to pay taxes on something (sorry, I can't recall which form generated that message.) My return has been submitted, and I've rec'vd our refund.
Now I'm working on her return. Do I have to report either of those forms on HER return? If it helps, here's the info from those forms:
Her SS# is on both forms
1098 T - $26,025 (box 1) $19,000 (box 5)
1099 Q - $4500 (box1) $1895 (box 2) $2605 (box 3)
