MainelyPat
Level 1
12-07-2019
03:21 AM
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Student has borrowed more than the cost of tuition, fees and books
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Just-Lisa-Now-
Level 15
12-07-2019
03:21 AM
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Student loans are not a part of the tax return. They can do whatever they want to with the student loan money.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
IRonMaN
Level 15
12-07-2019
03:21 AM
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Hopefully they used the money wisely and bought lottery tickets. Winning a $250 million lottery is worth way more than a degree in art history.
Slava Ukraini!
Slava Ukraini!
Just-Lisa-Now-
Level 15
12-07-2019
03:22 AM
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@MainelyPat you're not trying to include student loan money as income, right? or offset educational credits paid for with loans....if they paid for school with loans that's the same as paying by cash or check or credit card...it all qualifies for the educational credits.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
janetvidal
Level 1
02-12-2020
07:57 AM
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Hi, even if the 1098 has a number in box 5 we should still leave it out? and only report the expense?