571073
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

mmath1009
New Member

How do I know if/how much of the scholarship/grant money on my 1098-T form was included on my W-2?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

3 Replies
MichaelMc
New Member

How do I know if/how much of the scholarship/grant money on my 1098-T form was included on my W-2?

Scholarships and grants are not typically reported on Form W-2. They are reported on Form 1098-T, with the excess of scholarship or grant funding over qualified tuition and fees treated as taxable income.

Form W-2 is used for reporting earned income. In the educational setting, reporting on Form W-2 would be confined to activities where the student expended personal effort to earn the funds: a federal work-study job, a graduate teaching or research assistantship, or similar employment.

How do I know if/how much of the scholarship/grant money on my 1098-T form was included on my W-2?

Is there a way to check this though?

Hal_Al
Level 15

How do I know if/how much of the scholarship/grant money on my 1098-T form was included on my W-2?

Q. Is there a way to check this though?

A. Ask your employer.  

The only time this happens is if you work for a school where the lines may blur between what is scholarship and what is wages.  Even then, it's unusual for scholarships to be on your W-2 and even more unusual for them to be duplicated on both your W-2 and your 1098-T (box 5). 

 

For non school employers, employer tuition assistance/reimbursement is not "scholarship".  However when your employer sends the money directly to the school, the schools sometimes, mistakenly report it in box 5 of the 1098-T.  It that's not clear, you'll have to ask the school.  The first $5250of employer assistance is tax free and not included on your W-2. Anything above $5250 is include in box 1 of your W-2.  There may or may not be a note in box 14 indicating that.  Again, if it's not clear, ask your employer. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question