1098T Question

[user17704880283]

I’m confused. Box 2 of my 1098T says my dependent son’s tuition is $47,000. Box 5 says scholarship is $33,000 which when subtracted exactly equals the $14,000 out of pocket amount I paid. I qualify completely for AOTC in every other way but when I click the button underneath to say I paid $14,000 it then says I don’t qualify. Should I not fill that in and just go by 1098T? 

[Hal_Al]

Q.  Should I not fill that in and just go by 1098T? 

A. Yes. 

That box is for people who get an erroneous 1098-T.  By entering $14,000, you tell TT that only $14,000 was paid by both you AND the scholarship. 

You said you had $47,000 in box 2. I assume you meant box 1. 

[user17704880283]

You are correct. Box 1 I meant. Thank you.