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I get a scholarship from the university I work at to go to grad school. do I report the amount of the scholarship over the $5,250 threshold or do I report all of it.
The 1098 T form I received from the school only put the amount over and beyond the $5,250. (example: total tuition was $9,500 and they put in box 1 $4,250). The total amount of scholarship I received was $6,907.50. But if I put that total amount it looks like on my tax return that I received more money than I paid to the school.
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‎June 4, 2019
6:01 PM