Enter the 1098-T as the school reported it. Under Box 2 on the 1098-T screen click the link that asks "What if this is not what I paid to the school?" and enter what was paid in 2016. This includes scholarships, grants, loans, gifts, and cash.
(Please see screen shot below)
Keep a copy of your school account statement and the 1098-T with your tax file.
Next year you may need to refer to the 2016 1098-T if classes for 2017 were billed on the 2016 1098-T, but will be paid in 2017.
