Do I need to include for 1098-T if my child is taking college in the schools courses at the high school to earn college credit but there is not cost to us? Box 1 = box 5.
Box 1 for tuition/expenses is equal to Box 5 for scholarships/grants.
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1 Replies
Hal_Al
Level 15
Apr 12, 2023 5:59:38 PM
No.
The 1098-T is only an informational document. The numbers on it are not required to be entered onto your tax return, unless you are claiming a tuition credit or reporting taxable scholarship. Neither apply in your case.