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1098t again

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    1098t again

    Now if I may ask, if school cost 2600 and we got non repayable grant money of 2500 and scholarship money paid to school of 1500 and school refunds to tp 1400 can I choose to pay the tax on the scholarship money on daughters return and take the ed credit on mom and dad? I think somewhere I read this is ok. Daughter lives at home. I believe the 1400 may be taxable anyway. Am I off base here?

    #2
    If I'm reading your post correctly, yes, you can probably do that. See "Coordination with Pell grants and other scholarships" in Publication 970.

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