Education

@Hal_Al 

Okay, thank you. I just was not sure where else the numbers I key in from the 1098-T go? I was not sure if the software populates it in other areas? (like 1040 or anything like that, and didn't want to enter anything in that was not accurate for the IRS). I have even tried keying our taxes into 3 other online software's trying to make this work. Its been a longggg week. I really appreciate you taking the time to help.

 

I did try what you mentioned and it dropped the refund another $88, so I am not sure what I have done here? But I think you're right, its become long and complicated for sure, so I am likely messing something up along the way on my end.

IF I enter $1623 for the "qualified books & equipment" (and leave off the $1890 of the remaining tuition and QEE that there is no blank for) and $4350 for R&B and leave the 1098 as it is (with $18840 in tuition, $16950 of that strictly for tuition, that leaves me the $4350 for R&B) then if I enter in the listed $21,300 for scholarships received.

It gives me an AOTC credit of $2,378 - I am okay with that (and it shows $3513 on the worksheet as QEE on the tax program that lets me view the 8863 form - so it must have a way to calculate/add in that $1890 that I am not aware of). I just didn't want to leave $2,500 on the table, I can live with leaving the extra $122. It is frustrating that I cannot figure out what I am doing and where, no fault of yours - you've been a great help. 

 

Also, I do not have a 1099-Q, so I think I am okay there?

 

And our student only has $1000 in income, so I think we are safe not filing anything for them also?

(I will try to add a pic of the worksheet amounts I am referencing from the 8863 worksheet it produced.)
8863WorksheetInfo.jpg