Tuition Remission Not Recognized?

Forum|Forum|5 years ago
March 23, 2021
1 reply
17 views

I'm a bit confused. I'm a graduate student, and part of my aid is that I get tuition remission - this money is being used for only my tuition. I'm a full time student, this tuition remission is tax free for me. But when I submitted it to Turbotax, it's just claiming that this amount is scholarships. Do I need to just manually change the amount or is there somewhere that I can report that it's tuition remission? Also, in that case, would I also remove the tuition amount?

I'm super confused and could use some help...

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Hal_Al

Level 15

Simple answer: just remove the tuition amount.

How was the tuition remission reported to you? 1098-T? 1099? W-2?

Usually it is not documented on any IRS form. In that case, you do not even enter it in TurboTax. As you said, it's tax free.

SebrosAuthor

Level 2

The tuition and tuition remission was reported to me by a 1098-T. The 1098-T lists the full tuition amount that was charged in Part 1, while Part 2 lists Tuition/Fee Remissions.

Hal_Al

Level 15

"The 1098-T lists the full tuition amount that was charged in Part 1, while Part 2 lists Tuition/Fee Remissions".

Box 2 is usually blank. There is nowhere in TurboTax to enter something from box 2. What's in box 5?

Does box 1 include the tuition remission amount? Does Box 5 include the tuition remission amount? If so, the school is treating the remission as scholarship. And you should too.

If, on the other hand, if box 1 includes the tuition remission amount, box 5 doesn't and the amount is shown in box 2; then you should reduce the box 1 amount by the amount in box 2, before entering. If that makes the box 1 amount zero and box 5 is also zero, just don't enter the 1098-T. It is only an informational document and there is no requirement that it be reported on your tax return.