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Do I have to claim scholarships/grants from my 1098-T on my 2017 taxes if my institution bills in December of 2016?
Box 2 on my 1098-T has no value in it, but I do have a value on scholarships/grants. When walking through TurboTax software, it seemed to have made me claim my scholarships/grants as income. I checked with my school and they said that the money I received did go to educational expenses.
The past 3 years my accountant used the American Opportunity credit for me. So I have 1 year of eligibility of the credit left. However, I can't seem to be qualified for it via the questions the software asks me. I think I am accidentally claiming my grant money as income, even though it really isn't. If I do not qualify, that is ok. But everything I have read on IRS and these forums points me to that I do not need to pay taxes on my scholarships/grants for Spring 2017. Do I not report these then for my 2017 filing?