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Get your taxes done using TurboTax
Thanks for your reply! I have now gotten to a box that asks, "Was any of the scholarship income not designated to pay 2020 education expenses? How much of the money received in fellowships, grants, or other aid was not designated for 2020 expenses?" Would this value just be the Box 5 (scholarships and grants) minus the box 1 (payments received for qualified tuition and related expenses) on the 1098-T form? The difference between these two numbers is the fellowship stipend money that I received just for living/food/related non-educational expenses. Does that make sense?
‎February 1, 2021
12:18 PM