if box 1(payments received) on form 1098-T is greater than box 5(scholarships and grants)how can it be determined that we don't qualify for an education credit or deduction? It says scholarships(box 5)were more than tuition(not so). We paid 4k out of pocket.
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You can add the amount you paid out of pocket.
What if the 1098-T Box 5 for scholarships is wrong (inflated)? NY state Excelsior scholarships came in a year late but since they were on the invoices, I included them in last year's TT, on the "Other scholarships" line. I was told that I could enter a adjusted amount for Box 5 for this year (2019).
When you enter the 1098-T and continue through the interview screens, there should be a screen that asks if any of the scholarships were for a different year (a year other than 2019) you need to answer "Yes" and the amount of the adjustment.
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