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Education
I carefully read this discussion and I think I understand the bottom line. That is, "Nontaxable distributions are not required to be reported...". However, I don't understand the major difference in the Box 1 amounts between the 2 forms, which is about $2,000. (1098T is greater than 1099-q) . All of the funds have been used to pay for tuition and fees. since the 1098-T amount is greater than the 1099-Q amount, can I just ignore the 1099-Q, even if I am the recipient?
Also, I tried several times to enter my 1098-T info and could not, possibly because we have already obtained 4 years of the American Opportunity credits?
Thanks for your help.
‎February 25, 2022
7:19 AM