My 1098-T lists the amount I paid the college which already has the "scholarship" amount deducted. The "scholarship" was really just a tuition discount from the school and not from a 3rd party. So the form seems in error to me if it's deducting the scholarship from the qualified amount.
Also, the amount that turbo tax calculated does not appear to relate to any of the numbers I entered. My Total expenses on 1098-t were $26570 and the adjusted value is only 12236. That's less than half. The Box 5 "Scholarship" is $4334.
I took a distribution from 529 to cover the $26570 amount and turbo tax wants me to pay taxes on roughly half of that amount.
