Madamecoco
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I believe I found the answer online. It appears he does NOT need to claim box 5 as income, since it was through a formal payment arrangement with a government e...
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Okay, not to be complicated, BUT, the "scholarship" amount in box 5 was not scholarships. It was payments paid directly to the college from a governmental agenc...
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Fantastic response! Thank you so much...what a great service!
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About putting "anything else" from 1009T into Turbo Tax, it does ask for box 5. So do I just leave that blank since he's reporting it as income?
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Activity Feed for Madamecoco
- Posted Re: 1098T loophole for dependent on Education. January 28, 2026 1:26 PM
- Cheered Re: 1098T loophole for dependent for Hal_Al. January 28, 2026 1:00 PM
- Posted Re: 1098T loophole for dependent on Education. January 28, 2026 9:39 AM
- Posted Re: 1098T loophole for dependent on Education. January 28, 2026 7:29 AM
- Posted Re: 1098T loophole for dependent on Education. January 24, 2026 11:16 AM
- Posted Re: 1098T loophole for dependent on Education. January 24, 2026 11:07 AM
- Posted Re: 1098T loophole for dependent on Education. January 24, 2026 11:05 AM
- Cheered Re: 1098T loophole for dependent for Hal_Al. January 24, 2026 11:05 AM
- Posted Re: 1098T loophole for dependent on Education. January 24, 2026 11:04 AM
- Cheered Re: 1098T loophole for dependent for KrisD15. January 24, 2026 11:02 AM
- Posted Re: 1098T loophole for dependent on Education. January 23, 2026 12:40 PM
- Posted 1098T loophole for dependent on Education. January 23, 2026 12:18 PM