Solved: For tax year 2016, the IRS required schools to either rep...

What if my 1098-T does not have a box 2 or 3?

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For tax year 2016, the IRS required schools to either report Box 1 OR Box 2.

Box 1 reflects what the school received in 2016.

This is what you will enter when you report the 2016 1098-T on your tax return.

Box 3 on the 1098-T means nothing to you as a taxpayer, it is just reporting to the IRS if they changed the way they are reporting the 1098-T.

For tax year 2016, the IRS required schools to either report Box 1 OR Box 2.

Box 1 reflects what the school received in 2016.

This is what you will enter when you report the 2016 1098-T on your tax return.

Box 3 on the 1098-T means nothing to you as a taxpayer, it is just reporting to the IRS if they changed the way they are reporting the 1098-T.

What if my 1098-T does not have a box 2 or 3?