If your scholarships/grants
(if any) exceed your Qualified
Education Expenses, you are required to claim the difference as income.
If your educational expenses exceed your financial aid, you may
qualify for an education credit..
So, you should claim both your financial aid as well as your
qualified educational expenses.
To enter educational expenses:
·
Type in 1098-t in the search box,
top right of your screen, then hit the Enter key
·
Click the jump to 1098-t link in the
search results
·
Follow to prompts and online
instructions