I am completing Form 8863 and we are eligible for this credit. The online software I use figures the credit at just under $3000 (yay!), but it is including in the qualified expenses section the Stafford Loan ($1,742) that the university credited on my son's statement on 1/6/12.
Can I still include the Stafford Loan for 2011 even though the college credited it in 2012?
The software does not appear to let me back out this amount and only uses the numbers on the 1098-T.