Q. So just verifying that this is correct and allowable, - we CAN report my son's 1098-T on OUR tax return and his grant income on HIS tax return?
A. Yes. The 1098-T is an informational document and can be used as an input mechanism on both tax returns.
Q. Is Grant income determined STRICTLY by the 1099-T Form Box 1 & Box 5?
A. No. As explained at your other post, you enter that from your own records.
https://ttlc.intuit.com/community/college-education/discussion/re-how-do-i-claim-1098t-scholarships/...
On his return, the simplest work around is to manually calculate the taxable amount of scholarship and enter the 1098-T, on his return, with 0 in box 1 and the taxable amount in box 5.
