American Opportunity Credit for the year 2014 One of my friend have received 2 1098Ts.....one with amount in Column 2, Box 7 & 8 checked. And other one is amount in Box 5. So while working in Drake how should I enter these 2 1098Ts as the he is eligible to receive the American Opportunity Credit as their income is lesser than the threshold limit and all other conditions are fulfilled but I am confused.Should I deduct the scholarship received in 2nd 1098T from the amount billed in 1st 1098T received? Please guide me through. Thanks in advance. |