College Student 1098T Form

The 2022 1098-T form has $2,206.00 in Box 1 which is the amount the College Billed rather than the payment received for $2,383.59.  Difference = $177.57 

 

Box 5 lists the $1,191.59 Foundation Scholarship.  The College disbursed the Scholarship to pay for the Fall semester Tuition & Fees at $1,014.00.  Difference = $177.57

Questions:

1. What Schedule or Form is needed to report additional expenses: books, school supplies 

& equipment purchased (computer & laptop) ~ $2,031.00

 

2.  The CCCCD Foundation Scholarship was used to pay for the Fall Semester Tuition.  It was non-taxable.  Since it was entered in Box 5, does that mean it needs to be included as income?