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Get your taxes done using TurboTax
Ok, so just to clarify:
If my tuition expenses are 7,000 (reported in 1098-T box1) and my scholarships and grants were 5,000 (reported in 1098-T box 5), but part of the $5000 in grants is a $3000 Americorps grant that I already reported as income (because I received a 1099 Misc for it), then when I enter my 1098-T, am I supposed to change the box5 amount to $2000 instead of $5000? Or do I edit this some other way? Or just not file the 1098-T?
Thank you.
‎July 13, 2020
1:41 PM