Education

Thanks again, Hal.

 

Box 1 of 1098-T is $39390

Box 5 is $26500

 

Room, board, and books were $13030 (I went back through my records and found a few more expenses I missed)

 

I actually have two 1099-Q forms because I mistakenly sent a deposit to my own account.

First 1099-Q is in my name:

Gross $1050

Earnings $436

Basis $614

 

Second 1099-Q in my daughter's name:

Gross $24139

Earnings $9731

Basis $14408