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Education Assistance Counts as Income?
1098-T box 1 = $60,862 Box 5 = $54,200
TT asks how much did student pay for Room & Board with scholarship? Where does scholarship money get allocated? Total expenses were $70,531 and $16,331 paid out of pocket...can all scholarship money go towards tuition (Qualified expense) - allowing me to answer $0 from scholarship to pay other (non-Qualified) expense?
‎February 23, 2021
6:15 PM