Hi, I got a 1098-T form in addition to a W2 as a grad student, however the amount of money on the 1098-T Box 1 (Payments received for tuition) is less than Box 5 (Scholarships) because my health insurance is also paid through a scholarship. Is the difference between the two considered additional income, and am I taxed on…
My son started college this summer. We got a 1098-T from the college. Where do I enter this information?
Hello all, I will be coming up on my third year of filing taxes, and I have a concern regarding my scholarships. I receive and enter a 1098t form whenever I do taxes, and Box 5 is always greater than Box 1 because I receive refunds. I recently discovered that excess scholarships are usually taxable, and some websites…
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