I'm googling and seeing versions of this question, but having trouble determining the answer for what I thought was our simple situation.
My daughter graduated college in spring 2024. So we get her 2024 1098T and it has no tuition in Box 1 ... which I think makes sense because the 2023 version of that form does say that it represents the whole school year's tuition.
BUT -- box 5 does list the scholarship money that the school gave her. If I just enter 0 for Box 1 and the actual amount in Box 5, suddenly TurboTax acts like she owes thousands of dollars, as if we did not use that money for qualified educational expenses. Believe me, it definitely went to tuition, we never saw a penny of it 🙂
How do I properly tell TurboTax that this money was used for the right purpose? She's still listed as a dependent for me so it's not even like she's taking the education credit, I'm just adding these forms to hers because (a) they're in her name and (b) that's what I've always been told to do, the software has always just told me "You (the student) don't get the credit because you're someone's dependent." I assumed that the same would/should happen here but I need TurboTax to know that tuition was paid. Or do I just not add this form to hers at all and not worry about it?
Thank you so much!
