My daughter received a scholarship in box 5 of 1098 - T. this is for the whole year, so am I suppose to split in two to represent 2017 and then not the 2018 portion?

coachpower · ‎June 6, 2019

kerriP · ‎June 6, 2019

You really need to report the 1098-T as it is. The IRS also gets a copy. If you think there is an error, contact the school and inquire about a corrected 1098-T.

The 1098-T is issued based on a calendar year not a school year. However, it is possible that Scholarships (box 5) and Tuition (box 1 or 2) included amounts for 2018. Note whether box 7 is checked. Box 7 indicates amounts billed/paid were for 2018

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kerriP · ‎June 6, 2019

You really need to report the 1098-T as it is. The IRS also gets a copy. If you think there is an error, contact the school and inquire about a corrected 1098-T.

The 1098-T is issued based on a calendar year not a school year. However, it is possible that Scholarships (box 5) and Tuition (box 1 or 2) included amounts for 2018. Note whether box 7 is checked. Box 7 indicates amounts billed/paid were for 2018

My daughter received a scholarship in box 5 of 1098 - T. this is for the whole year, so am I suppose to split in two to represent 2017 and then not the 2018 portion?