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Level 2

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Where can I report my fafsa refund?

5 replies
51 views

I have received a $4060 FAFSA refund from my college but I don't know where/which form can I file it.

TurboTax Free Edition Online

Alumni - Intuit

Did you receive a Form 1098-T from your college? The normal way this is reported is by entering the 1098-T. Box 1 of the 1098-t reports the tuition and Box 5 reports the scholarship/grant funds received. The difference between the two is the excess and should equal the $4060 refund. This excess will be reported as other income.

Alumni - Intuit

Did you receive a Form 1098-T from your college? The normal way this is reported is by entering the 1098-T. Box 1 of the 1098-t reports the tuition and Box 5 reports the scholarship/grant funds received. The difference between the two is the excess and should equal the $4060 refund. This excess will be reported as other income.

Wenh ZhaoAuthor

Level 2

Thank you so much!!!

I already reported my 1098t. I was confused by box 5.

I really appreciate it.