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Yes, your1098-T is an informational document not requited to be reported to the IRS
However, you should report all of your financial aid (grants/scholarships), if any, and Qualified Education Expenses
Grants and /or scholarships are taxable income to the extent that they exceed qualified educational expenses to include tuition, fees, books, and course related materials.
Qualified educational expenses are deductible to the extent that they exceed grants and/ or scholarships.
To enter educational expenses (and financial aid):
Yes, your1098-T is an informational document not requited to be reported to the IRS
However, you should report all of your financial aid (grants/scholarships), if any, and Qualified Education Expenses
Grants and /or scholarships are taxable income to the extent that they exceed qualified educational expenses to include tuition, fees, books, and course related materials.
Qualified educational expenses are deductible to the extent that they exceed grants and/ or scholarships.
To enter educational expenses (and financial aid):
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