piroch
New Member

1098T

I can't reconcile the 1098T for two children.

Child 1 - full tuition scholarship PLUS additional scholarships.  The amount in Box 1 looks correct.  Box 5 is greater than the cost of tuition.  I am assuming it is including some of his additional scholarships, but the amounts don't line up exactly.

 

Child 2 - similar issue.  Amount in Box 5 is greater than what she received for school and it doesn't match with the amount of outside scholarships.  

 

Does this sound like an error on the 1098T?  Do I just submit the 1098T as it stands and add the difference in scholarships?  So long as the full amount of scholarships is included should I be okay to submit?

Thanks for any insight.