1098T AND BOX 7

[Marie]

1098 T SHOWS TUITION OF 23759, SCHOLARSHIP OF 10000 AND BOX 7 MARKED.  DO I USE THESE NUMBERS TO GET THE AOC, OR DO I HAVE TO KNOW HOW MUCH PARENTS ACTUALLY PAID.  ONE PLACE I READ SAID YOU COULD TAKE FOR EITHER YEAR.  IS THIS CORRECT?  AND THEN HOW TO I FILL IN THE SOFTWARE TUITION 1098?

[Lion EA]

IRS Pub 970 and TTB Tab 12 will give you a lot of information. I start with the Bursar's statement to see the payments, scholarships, and tuition/fees amounts and dates paid to fill out Form 8863 to get the best results for the family as a whole. Form 1098-T is what it is.