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brobeans7
New Member

It keeps asking me to review box 5 which is larger than Box 1 in my 1098-T so I cannot file... Am I suppose add my GI Bill or just pell grant?

I'm a veteran that just swithed form Montgomery to Post 9/11 to finish my last year.  Block 5 is higher than block 1 and I believe that is why it keeps asking for corrections because last year block 5 was lower than block 1.
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1 Best answer

Accepted Solutions
MarilynG
Expert Alumni

It keeps asking me to review box 5 which is larger than Box 1 in my 1098-T so I cannot file... Am I suppose add my GI Bill or just pell grant?

If your Box 5 is larger than your Box 1 on your 1098-T, you are not eligible for an Education Credit and in fact, don't need to enter your 1098-T in your return, or any Education Expenses. 

Normally, the excess scholarship amount in Box 5 would be taxable income to you, but since you are on the GI Bill, it is not taxable income.

Here's more info:

https://ttlc.intuit.com/replies/6723353

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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1 Reply
MarilynG
Expert Alumni

It keeps asking me to review box 5 which is larger than Box 1 in my 1098-T so I cannot file... Am I suppose add my GI Bill or just pell grant?

If your Box 5 is larger than your Box 1 on your 1098-T, you are not eligible for an Education Credit and in fact, don't need to enter your 1098-T in your return, or any Education Expenses. 

Normally, the excess scholarship amount in Box 5 would be taxable income to you, but since you are on the GI Bill, it is not taxable income.

Here's more info:

https://ttlc.intuit.com/replies/6723353

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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