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1098T states no tuition paid (box 1) billed 10,000 (box 2) but scholarship paid out $11,000 (box 5) . Do I add my tuition payment to the scholarship payment or not?
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June 4, 2019
3:12 PM
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Education
No, you would not add the tuition payment to the scholarship payment however in TurboTax there is a section you can add tuition paid that is not listed on your 1098-T. See below
Form 1098-T is for informational purposes and its quite common for the data to be off. Follow the outlined instructions below to enter your 1098-T data:
Don't enter your 1098-T if your employer reimbursed you for the tuition. Otherwise:
- Open (continue) your return in TurboTax, if it's not already open.
- In the search box, search for 1098-T or 1098T (lower-case works also) and then click the "Jump to" link in the search results.
- Answer Yes to Do you want to enter your higher education expenses?
- If you land on the Let's estimate how much you could get this year, click Skip this.
- If you land on the Your Education Expenses Summary screen, first select Edit next to an existing student or select Add a new one before proceeding.
- If any boxes on your 1098-T are blank, leave them blank. Don't enter 0 (this may cause errors later).
- If boxes 1 or 2 on your 1098-T form are wrong, enter those amounts anyway. Then click What if this is not what I paid? right below box 2 and enter the correct amount of tuition paid. (see screenshot below)
- Don't include grants not already listed in Box 5. We'll ask about those later.
June 4, 2019
3:12 PM