in Education
I am a graduate student and a research assistant, How do I know how much of the scholarship/grant money in box 5 of my 1098-T form is included in my W-2 form?
You'll need to sign in or create an account to connect with an expert.
In my non expert understanding (I was funded with a TAship for half the year and then had a fellowship in the fall) my W2 reflects my income and witholdings from my TAship, and the 1098 T is separate and reflects the fellowship funding.
However now that I write this I checked my 1098T from last year when I had no fellowship, and there is still "scholarship" money listed even though I didn't have a fellowship.
I'm officially confused too!
It would be highly unusual for there to be duplication on the funds shown on the W-2 and 1098-T, so:
1. You assume that none of the W-2 is included in box 5 of the 1098-T, unless your records indicated otherwise
2. You ask the school for verification
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17709255430
New Member
in Education
gerpolkid83
New Member
qttran78
New Member
in Education
user17708765843
New Member
jharris3401
New Member