Jack56
Level 1
02-21-2023
07:32 AM
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I have a 1099Q issued in parents SSN for $30,000 (which parent wrote a check to the college in that amount), and a 1098T in the first year dependent student child's name for $25000. After filling in both forms on proseries on parents 1040 I am still getting the full AOC credit. Most everything I read online says if 1099Q is more than 1098 T you don't get the credit. Customer says College indicates extra $5000 went towards 2023 tuition and 1098T is marked that way in box 7. No errors showing up in the program, I don't want to just fire it off that way.
Thanks in advance!
J. McGill
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