BrittanyS
Expert Alumni

Get your taxes done using TurboTax

No, selecting box two will not affect the data entry.  Box 2 is a discontinued box on the 1098-T but is occasionally used.  Box 7 is used if the amount in Box 1 or 2 includes expenses for an academic term that begins in the first three months following the year covered by the 1098-T.  If there is no amount in box 2, but the amount in box 1 includes expenses for an academic term that begins in the first three months following the year covered by the 1098-T, then you can select Box 2 in the interview section.  

 

For more information, see the link below:

 

Guide to a 1098-T

 

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