Box 1 of my 1098-T is the amount I personally paid to the school. Box 5 is the amount of scholarships I received. No where on this form is the actual cost of the school, except that it is Box 1 + Box 5. However Turbotax comes up with some random number on my “Wages, Salaries, & tips Worksheet” under line 13 “Scholarship/fellowship income not on Form W-2”.
So Turbotax seems to think that because line 1 is less than line 5 I have extra income?
How do I get rid of this extra income as it shows up on line 1 of the 1040 as “SCH 1367” and adds $1367 to my income.
