I am a grad student who receives a stipend. The stipend income is reported on a W2 since that is my only income and I got one from the school. I also got a 1098T and box 1 appears to have tuition paid by the school as part of program but in box 5 it looks like it lists basically the stipend amount.
So do I enter the 1098T and then just list the box 5 amount to answer the question about amount already included in W2 income. If I don't I seem to be taxed twice or something.
Also if the school is really paying the tuition reported in box 1 do I even file the 1098T. If I do file it, and do what I said above it says I qualify for LLC education credit. Confused. Help.