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Education
@Hal_Al here are my responses to your questions in blue:
Provide the following info for more specific help:
- Are you the student or parent. I am the parent
- Is the student the parent's dependent. Yes the student is my dependent
- Box 1 of the 1098-T- $32,200
- box 5 of the 1098-T $18,585
- Any other scholarships not shown in box 5 No
- Is any of the Scholarship restricted; i.e. it must be used for tuition- I'm not totally sure how to determine that, but the scholarship comes from the school and the room grant of $2075 is from financial aid so I would say yes it's restricted to education expenses and room and board.
- Other qualified expenses not included in box 1 of the 1098-T, e.g. books & computers- I did purchase him a new laptop in 2022 for about $300 but I haven't included that on either of our return. Should this be included on both returns also or just mine?
- How much taxable income does the student have, from what sources- student's taxable income totals $7,421 from a retail store and a maintenance job.
- Are you trying to claim the tuition credit (are you eligible)? Yes I am claiming the tuition credit and I am eligible.
- Is the student an undergrad or grad student? Undergrad student
‎January 29, 2023
7:38 AM