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Do I need to subtract box 5 from box 2 on 1098T form?
No, enter your 1098-T as is. After you enter the 1098-T, TurboTax will ask a series of follow-up questions where you can adjust what was reported as well as indicate that the scholarship amount covers different periods if needed.
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Do I need to subtract box 5 from box 2 on 1098T form?
No, enter your 1098-T as is. After you enter the 1098-T, TurboTax will ask a series of follow-up questions where you can adjust what was reported as well as indicate that the scholarship amount covers different periods if needed.