Thanks so much for your follow-up. I'll try to answer all of your questions in order: amount
1) I am the parent.
2) No scholarships.
3) Box 5 is 0.
4) My same and SS# are on the 1099-Q.
5) The 1099 Q amount Box 1 ($8693 ) is much less than the 1098-T amount $10, 318, which is counterintuitive to me.
6) Student taxable income is 0.
7) Would like to claim the LLC.
😎 the student was an undergrad for 6 years and graduated Dec.2021. I hope this helps.
Thank you.
