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Filing my 2014 taxes, do I have to report my daughter s 1098-T if we are not claiming any educational credits?
Her tuition costs were covered by her Pell Grant.
3 Answers
- taxreffLv 76 years ago
There would be nothing to report on your tax return, so the answer to your question is no.
On a related note, however, your daughter may have taxable income from scholarships and grants. If the amount of scholarships/grants on the 1098-T are higher than the qualified expenses on the 1098-T, she may have to file a return.
- jimbobsebringLv 66 years ago
You might get many answers but you need to contact a professional. We can all give answers, half right and half wrong. Depending on the money involved I would contact at least an enrolled agent. Do not count on the supposed experts, you understand what companies I'm referring to.
