MargaretMort Posted March 11, 2010 Report Share Posted March 11, 2010 Client is active duty AF. Son is in college. They received a 1098-T for payments received of qualified and related expenses. She says they "got reimbursed for 1/2 the amount on the 1098-T from the Veterans Affairs tuition program". If I understood her correctly, they have yet to receive the reimbursement. In my little pea brain, I remember reading that military dependents can receive financial assistance through the new GI Bill. I can't find anything about this and I truly don't know if it makes any difference. I think I will show the tuition paid and not worry about the "repayment". If I do that I would have to show the 1/2 re-paid--if it ever is--as income for 2010, I assume. Am I clear as mud? I am frustrated that I have been unable to find the answers to my questions on line so I have come to you, again, for clear minded thinking. As always, many, many thanks. MM Quote Link to comment Share on other sites More sharing options...
schirallicpa Posted March 12, 2010 Report Share Posted March 12, 2010 A lot of veterns benefits stay under the IRS radar. Good for them. God bless the veterns. I doubt anything is reported on it. Quote Link to comment Share on other sites More sharing options...
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