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Get your taxes done using TurboTax
You can check with the school to see why the numbers don't match. If it is incorrect, it would be best to get it fixed prior to filing your return.
It is possible that they included some of the scholarship for the beginning part of 2022 on the 1098-T.
If scholarships exceed tuition, this can become taxable income to your kids. They would then need to include this income on their tax returns as excess scholarship income is considered taxable income.
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March 21, 2022
10:31 AM