Hal_Al
Level 15

Education

@abcdefghijk  said "also I read on this thread that you can  have the 1098t on both the parents and the students return to correctly enter the 1099-q if they 1098-t is on the parents return"

 

Yes, but not exactly.  The 1099-Q can only be reported on the recipient's return* (see above for definition of recipient).  The 1098-T can go on both returns, but must be adjusted for amounts used on the first return.  If there are sufficient expenses, the 1099-Q does not need to be reported at all (see details above).

 

*In TurboTax (TT), you can enter the 1099-Q on the parents return, even when the student is the recipient.  TT will then inform you you need to need to enter on the student's return.