My son is under 24 and a full-time student so I claim his as a dependent. His 1098-T shows box 2 as a billed amount lower than the scholarships he received in box 5.

[frenchgirl]

Why is the billed amount not showing up on the tax form? I still paid that tuition...

[Patrice · Accepted solution]

The "billed" amount listed on the 1098-T does not actually show up on a tax return.  The "billed" amount is used to determine if the taxpayer filing the 1098-T is eligible for an education credit.  The "billed" amount, along with other factors such as other figures on the 1098-T (box 5), adjusted gross income, filing status and student's enrollment status will be used to determine both the amount of education credit and which education credit the taxpayer is eligible for.