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If books and materials were included in box 1 on 1098-t, do we still enter them separate under required books and materials?

To be clear. Student paid for books and materials and laptop using financial aid and so all of that is included in box 1 of the 1098-t form. So would we still list them separate under the 'required books and materials from the school' line or would that just be for what we paid out of pocket?
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1 Reply
Hal_Al
Level 15

If books and materials were included in box 1 on 1098-t, do we still enter them separate under required books and materials?

Q. If books and materials were included in box 1 on 1098-T, do we still enter them separate under required books and materials?

A. No.  That would be duplication.

 

Q. At 'required books and materials from the school' line  would that just be for what we paid out of pocket?

A. Yes.  Or more accurately, only the books and materials not already included in box 1 of the 1098-T.

 

 

 

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