For Education & Scholarships I entered $23000 as Billed and $23000 as Expenses, but in the form, it appears as $46000, My 529 was $12600. for 2016. Thx. Steve

ses4ttax · ‎June 4, 2019

I paid exactly $23K what the college billed me $23K. Why is the calculation showing up as double that. $46K

The univ did not provide payment info on the form only the $1750 scholarship awarded. thanks.

MinhT · ‎June 4, 2019

In TurboTax, when filling out your form 1098-T, enter only the amount in Box 2, even if both boxes 1 and 2 are filled.

Under box 2, on the 1098-T screen is a link: What if this is not what (student name) paid to the school? Click on that and you will be given a chance to enter what was actually paid in 2016.

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MinhT · ‎June 4, 2019

In TurboTax, when filling out your form 1098-T, enter only the amount in Box 2, even if both boxes 1 and 2 are filled.

Under box 2, on the 1098-T screen is a link: What if this is not what (student name) paid to the school? Click on that and you will be given a chance to enter what was actually paid in 2016.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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For Education & Scholarships I entered $23000 as Billed and $23000 as Expenses, but in the form, it appears as $46000, My 529 was $12600. for 2016. Thx. Steve