Deductions & credits

LinaJ2020 · ‎February 25, 2020

If your scholarship exceeds the tuition amount, the IRS considered a taxable income. They are also receiving a copy of your Form 1098-T. If you think the entire scholarship amount covers all the tuition amount, you can adjust the tuition amount. Here are the steps:

Sign in to your account, select Pick up where you left off
At the right upper corner, in the search box, type in "1098t" and Enter
Select Jump to 1098t
Follow prompts
On the screen, Type in the info from your 1098-T, check the box This is not what," Student' Name paid to school"
Enter the actual amount you paid

See the image below:

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