DaveF1006
Employee Tax Expert

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It depends. If the $100 is showing in Box 1, you wouldn't need to report it. You may wish to report it to claim the small educational credit that it might generate.

 

If the amount is reported in Box 5, you need to report it because this represents income to you. To report.

 

  1. Click on Federal in the left-hand menu.
  2. Select Deductions & Credits at the top.
  3. Scroll down to the Education section and click Show More.Click Start (or Revisit) next to Expenses and Scholarships (Form 1098-T).

 


 

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