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Education
Does that mean that the amount in box 5 can be split however is convenient between the parents and student tax returns when reporting 1098 T and if so, since the parents will use the whole amount in box 1 to claim the educational credit, does that mean that on the student return for 1098T when the split part of box 5 is reported to be added to the unearned income, for box 1 is entered 0 or left empty?
Thank you!
‎February 8, 2024
4:55 PM