This is super helpful. You are correct in assuming that the amount in box 14 is my total tuition (~$18k) minus the $5250. Where I am stuck, when entering my 1098T in Turbo Tax, I am asked "Tell us if any of the $XXX in Box 5 of your 1098T includes amounts already reported as income on your tax return?" My assumption is my answer should be "Yes" and the amount I enter should be equal to the total amount of ~$18k. Or do I answer "yes" and enter the ~13k from box 14? Or do I answer "no"? This answer seems to affect the eligibility for my Lifetime Earning Credit. Thanks in advance for your help.
