Sorry I'm terrible at this. Are you now saying to split the 1098-T ? put the box 1 $1695 on my return but put the box 5 $2740 on my son's ? (or put all the information on both ? I know when I initially tried to do my son's first it said to put the 1098-T on mine since I claimed him as a dependent)
I'm also confused by what the 1098-T box 1 and box 5 mean now. My understanding is box 5 was the total amount of funds granted $2740 (baseball scholarship of $1443 and Oregon Promise Grant $1297) and his tuition expenses totaled $1695...then the difference between the two was $1045 which we got a check for as Financial Aid Refund. So at that point we're +$1,045 in funds but from that we bought a computer/books/material for $1393...so we used up all the funds (-$348) on my return.
Appreciate the help Hal_Al, sorry for the headache....should've taken it to H&R Block this year ! lol
