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Get your taxes done using TurboTax
If line 5 is more than line 1 then that is counted as income and when you report the 1098-T it will lower your refund. However, if you have additional costs of books, supplies, or equipment that were required for attendance and they were not included in line 1 then you can claim those expenses to offset that income.
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March 11, 2020
9:21 AM
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