CatinaT1
Expert Alumni

Education

If you think your 1098-T is incorrect, you will want the school to issue a corrected form.  Copies of these forms go to the IRS, so you want what you are entering to match what the IRS receives.

 

Additionally, box 1 of your 1098-T is not income but tuition paid/received by the school.  Box 5 is the amount of grants and scholarships received by the student.

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