Hi ColeenD3
Thank you so much for quick reply. He is a candidate for a collage degree. But he did not use this $4500 internship stipend for any education expenses and he deposited it into his Roth IRA account for 2021 contribution. So in this case, he can not use Form 1098-T. We will use Miscellaneous Income and it will end up Tax $301 after deduction of $ 1100. Is this correct? After paying tax, the $ 4500 he deposited into his Roth IRA is allowed, right? We would like to confirm that he is allowed to put $ 4500 into 2001 Roth IRA contribution after he files tax return.
Thanks.
