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My son's W2 totaling $5718 & his 1098-T shows his grant/schol is more than pymts/tuition a dif of $2552.00. His return shows 1098-T info. Will he claim this as self empl?

 
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2 Replies

My son's W2 totaling $5718 & his 1098-T shows his grant/schol is more than pymts/tuition a dif of $2552.00. His return shows 1098-T info. Will he claim this as self empl?

No.  A 1098 is not self employment.  A 1099Misc is for self employment.  You enter it as Education.
Ashby
New Member

My son's W2 totaling $5718 & his 1098-T shows his grant/schol is more than pymts/tuition a dif of $2552.00. His return shows 1098-T info. Will he claim this as self empl?

No, it will not be self-employment and not subject to self-employment tax. The income in excess of qualified education expenses will just be taxed as ordinary income. 

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