Education

Thank you so much for the response. I’ll try to best explain the situation and the answers we’ve received from the parties involved and hopefully you can shed some more light on it. My wife took grad clasees online. The online company paid a university for the grad credit. Thus the university put a number in box 5 indicating that they received money from a third party (the online program). Box 1 and Box 5 match. Though the number is less than what we actually paid. The university even stated that they did not receive grant or scholarship monies but per the IRS if money is received from third party they have to put something in Box 5. As of now they are unwilling to amend the 1098-T. That being the case when reporting these numbers on turbo tax our taxes due go up by over $300. Box 1 and Box 5 are identical. Is there a way to correct this or contact the IRS indicating that no scholarship or grant money was received?