I am more confused now. Let me try and describe by providing actual nos. as below:
1099-T : Box 1 = 46K
1099-Q : Box 1 = 56K, Box 2 = 20K, Box 3 = 36 K
As regards other qualified college expenses like books, rent, etc it adds to 5.5K.
As I work on my daughter’s return on TurboTax It shows that she owes tax.
Any comments welcome.
kindly also advise if I have to furnish the 1098-T and 1098-Q info in my return as well as I am also claiming her as a dependent. In her return she states that she is also claimed as a dependent by others.
