2481859
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

OTP
Level 1

1098-T Box 1

When declaring Box 1 of 1098-T, there's an option on TurboTax that says "This is not what I paid to this school"

 

As a doctoral student, the school was the one who paid for the amount stated in Box 1.

 

Should I check the option?

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Hal_Al
Level 15

1098-T Box 1

If the school paid that amount, it should be reflected by the same amount appearing in box 5 of the 1098-T.

 

The 1098-T is only an informational document. The numbers on it are not required to be entered onto your tax return. However receipt of a 1098-T frequently means you are either eligible for a tuition credit or possibly your student has taxable scholarship income. 

If you have neither to claim, just don't enter the 1098-T.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question