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sdwtax10
New Member

1098 T scholarship amount needs adjustment

Hi,

Last year 2023  I adjusted the amount of scholarships on the 1098T (deducted 6300 that was actually for 2024).

Now a I need to add that to 2024 1098T (increase scholarship by 6300).   

It only seems to work if I put the adjusted amount in box 5 (ie, 20000 (current in box 5) + 6300 total 26300 in box 5). 

So box 6 says Adjustments to Scholarships for Grants for a prior year (currently blank)   Do I add the $6300 here also?  

Just want to make sure I hit all the right boxes!  Thank you

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1 Reply
Hal_Al
Level 15

1098 T scholarship amount needs adjustment

Q.   Do I add the $6300 here (box 6) also?  

A.  No. That box is only informational for you.  TurboTax does nothing with box 6. 

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