KrisD
Intuit Alumni

Education

It all has to do with when you paid for the classes.

I am including a post from earlier that tries to explain the 1098-T.

In your situation, the 2016 1098-T is showing what was billed (box 2) and I am guessing nothing in what was received (box 1) If the scholarship was posted in 2017, you have nothing to report for 2016 and you should be good going forward.

IF the school posts the scholarship as received in 2016, then you would have to decide if you should apply it to the Spring 2017 classes.

IF the school does not post the scholarship on the 2016 1098-T, you need to remember that the cost for your Spring 2017 class will not be included in box 2 of the 2017 1098-T, which you will receive next year.

Please try to keep an accurate record and try to plan ahead.

https://ttlc.intuit.com/replies/5663752




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