My son is currently studying abroad at Maastricht University in the Netherlands, through a program run by the University Studies Abroad Consortium (USAC). (His tuition for this semester was paid in 2021, so it applies to my 2021 taxes.) USAC is located in the US and the tuition was paid to them, and then they pay the university. According to USAC, they are not a Title IV institution, and are not authorized by IRS to issue the 1098-T form. So I can't enter a1098-T form for them. I do however have a tax ID number from them.
To complicate things, because of a timing issue of when the payment was due, even though the money was coming from our 529, I had to pay them from a credit card, then reimburse myself from the 529. So I have received a 1098-Q showing that amount, which of course shows up as income, instead of if I had paid USAC directly from the 529.
I HAVE entered the amount I paid to USAC manually, on the worksheet in forms mode. But I have several questions and want to make sure I do things correctly:
1. Should I list USAC as the school since I paid them, even though that is not actually the university he is studying at?
2. If I list USAC as the school, should I go ahead and put their tax id into the EIN field?
3. Is there anything else I need to be aware of to make sure everything is entered correctly?
I gather that because he is studying abroad, it does not qualify for the Educational Opportunity Credit? (However, he is qualifying in part from money paid to his home university here in the US).
Thanks in advance for any help with this issue.
