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    Scholarship monies in Box 5 -

    Can the scholarship monies (No amounts on box 1 or 2) from box 5 be used for tuition or lifetime learning credits?
    $4,255.00 is the scholarship amount.

    Was not used for 4 years yet..
    Was enrolled at least part time; semester
    No Felonies
    No CLUE! Ha! 8-(

    Thanks
    Last edited by MAJ; 04-03-2014, 11:04 PM.
    Matthew Jones
    Tax Preparation
    Computer Consultant


    Tax Season is here!
    Make sure everything is working, extra ink or toner is available, Advil in top drawer!


    #2
    Originally posted by MAJ View Post
    Can the scholarship monies (No amounts on box 1 or 2) from box 5 be used for tuition or lifetime learning credits?
    $4,255.00 is the scholarship amount.

    Was not used for 4 years yet..
    Was enrolled at least part time; semester
    No Felonies
    No CLUE! Ha! 8-(

    Thanks
    Back to basics. You need a transcript of tuition and fees and all amounts billed and paid from the institution. Total up allowed items then subtract schlarship from amounts actually paid and there's your answer.
    However, student must have been enrolled at least HALF time, not just part time.
    ChEAr$,
    Harlan Lunsford, EA n LA

    Comment


      #3
      Great... Thanks

      I was fairly sure but I wanted to be positive.

      Thank you ...
      Matthew Jones
      Tax Preparation
      Computer Consultant


      Tax Season is here!
      Make sure everything is working, extra ink or toner is available, Advil in top drawer!

      Comment

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