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Education
Taxable scholarship income can be reported on 1098-T when the box 5 value exceeds the box 1 value. This could reduce your refund.
See IRS publication 970 page 6
"Taxable Scholarships and Fellowship Grants If and to the extent your scholarship or fellowship grant doesn't meet the requirements described earlier, it is taxable and must be included in gross income."
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‎February 20, 2020
5:26 PM