Education

Provide the following info for more specific help:

  • Is the  student  the parent's dependent. yes
  • Box 1 of the 1098-T $18443.00
  • box 5 of the 1098-T $14288.00
  • Any other scholarships not shown in box 5 no
  • 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 yes, it had to be used to tuition
  • Box 1 of parent's  1099-Q $1599.92
  • Box 2 of parent's  1099-Q 340.29
  • Box 1 of students' 1099-Q #1$8615.00
  • Box 2 of student's  1099-Q #1 $5876.84
  • Box 1 of students' 1099-Q #2 $443.96
  • Box 2 of student's  1099-Q #2 $99.23
  • Amount of High School tuition $3851.00
  • Room & board paid during college. If student lives off campus, what is school's R&B charge. $4810.00Other qualified expenses not included in box 1 of the 1098-T, e.g. books & computers books $444.00 (also bought a computer, but it was not required by the school $1350.00)
  • How much taxable income does the student have, from what sources $11511.00 (earned income, she has a job)
  • Are you trying to claim the tuition credit (are you eligible)? yes, but not eligible for full credit (our AGI $178840.00)