We used a Coverdell account to pay for qualified expenses (tuition, room & board, etc.) for a study abroad program. The sponsoring school (Franklin University) has dual accreditation (both the US and Switzerland) for college credits but not for student aid. But the monies were paid to the third-party study abroad program provider, Forum-Nexus.
There is no form 1098-T from either of them and I think they’re not required to issue one. But I want to make sure the expenses are entered properly so there is no issue with the Coverdell disbursement. How do I go about doing this in TurboTax Premier?
In the “Where did you go to school?” screen, would I enter the program provider or the university? If I enter the university, it later asks for the “Amount paid to Franklin University” and that was $0 directly. But I do have a breakdown of tuition and room & board from Forum-Nexus.
We’ve used the four years of American Opportunity Credit. And I don’t know if the Lifetime Learning Credit would kick in because the tuition was covered by scholarships and Pell grant.
Any assistance would be helpful!
