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1098-T question part 2
I asked yesterday a question in regards to this and I figured out a little of what was going on and hoping you can advise me in the correct direction.
I figured out Box 5 is the total amount of grant/scholarship money my daughter received for 2024 as a whole. The amounts posted for spring 2024 and fall 2024 do equal box 5. However then box 1 is signfically less though she had the full grant/scholarship amounts posted and had left over that was either paid with a loan or out of pocket. Would I choose the "daughter different amount" and enter the full amount of the scholarship as that's what she had paid? This truly has me confused and I am having hard time understanding how to make sure she's not paying in if the total amount she was given in grants/scholarship was all put towards her schooling to where she still had a balance that loans/out of pocket paid for.