@linhuisk wrote:
Hi Opus 17,
Thank you for your reply. I will report 1098-T in family return. But this $ 4500 stipend is not on 1098-T. Should I edit 1098-T on Turbo Tax and add this amount to the amount in box 5 of 1098-T?
Thanks.
You said the stipend was paid by a different college than where he attends and where you paid tuition, right? So the tuition is whatever you paid to the college in MA, and is reported on your return since your son is your dependent.
The stipend is his income and would be reported as misc income on his return, except that he does not have to file at all if his income is less than $12,550.
