You'll need to sign in or create an account to connect with an expert.
No, you will not put it on next years taxes. As you walk through the entries to enter your 1098-T you will come to a spot that asks if you had any of the following...Scholarships, Grants, or Employer Assistance. Answer yes to that question and put the amount that was reimbursed in the box where it asks for it.
This will keep you from getting a tax credit you are not entitled to.
No, you will not put it on next years taxes. As you walk through the entries to enter your 1098-T you will come to a spot that asks if you had any of the following...Scholarships, Grants, or Employer Assistance. Answer yes to that question and put the amount that was reimbursed in the box where it asks for it.
This will keep you from getting a tax credit you are not entitled to.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
lynnliying2011
New Member
AMC6
Returning Member
Tacojen
New Member
Pooda1234
New Member
gjgogol
Level 5