Hal_Al
Level 15

Education

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.