KrisD15
Expert Alumni

Education

You are saying the student had 3,114 in education expense 

and 3,165 scholarships.

 

If you are wanting to claim the 3,114 education expense towards a credit on your return, enter the 1098-T as instructed on the answers from last year, only entering the amounts in Box 1 and zero in Box 5. Enter both 1098-T from both schools. 

Add the expenses for the books. This should add up to 3,114 to use towards the credit.

 

On the dependent student's return, go to the same 1098-T section, select that she is the student, but by-pass the entry of Form 1098-T until you get to the screen that asks about any scholarships not yet reported. Enter 3,165.

 

If that is her only income, she would not need to file a federal return. 

 

Room and Board only comes up as an option if you also have a 1099-Q. 

I do not see that in any of the thread from last season. 

 

If you also have a 1099-Q, that would also need to be addressed unless it was all used to pay Room and Board, in which case the 1099-Q would not need to be reported and the room and board expense also is not reported. 

 

 

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