Thank you so much for your help! I'm entering my info below in red next to the bullet points.
- Box 1 of the 1098-T $6,670.00
- box 5 of the 1098-T Blank
- How much was paid in 2021 for 2022 and not reported on 1098-T (I assume $11,160 [17830 - 6670]) That is correct. Full payment for fall 2021 semester was $9,310 and for spring 2022 was $8,520.
- Any other scholarships not shown in box 5 None
- Does box 5 include any of the 529/ESA plan payments (it should not) No
- Is any of the Scholarship restricted; i.e. it must be used for tuition No scholarships
- Box 1 of your 1099-Q $915.85 for a computer and an orientation fee
- Box 2 of your 1099-Q $525.18
- Box 1 of her 1099-Q $17,830.00
- Box 2 of her 1099-Q $10,259.87
- Who’s name and SS# are on the 1099-Q, parent or student (who’s the “recipient”)? My name is on the one I received with my SS#, and my daughter's name is on her 1099-Q with her SS#.
- Room & board paid. If student lives off campus, what is school's R&B charge. If the student lives at home, only the school's board charge for on campus students.
- The expenses for Fall 2021 semester were:
- Tuition=$3,040.00
- Books & Fees=$980.00
- Room & Board=$5,290.00
- The expenses for Spring 2022 semester were:
- Tuition=$2,470.00
- Books & Feels=$860.00
- Room & Board=$5,190.00
- Other qualified expenses not included in box 1 of the 1098-T, e.g. books & computers Included above
- How much taxable income does the student have, from what sources She has income from two part-time jobs of $5,032.26, with $215.20 federal tax withheld.
- Are you trying to claim the tuition credit (are you eligible)? I'm not sure what this means...
