Hi, so I have a question about my 1098-T. I received about 10,000 or so financial aid from grants, scholarships etc... I was filling my 1098-T when I noticed how much taxes I may owe. In box 1 its only 1500 or so, but that only accounts for the first semester, as I paid the 2nd semester this year. Box 5 has 5500 or so in it.
Here is my question. Do I have to file my 1098-T, and include my refund got from financial aid, or can I not report it, and just say I will use it for future tuitions payments, (which I will). I've tried searching for an answer, and I can't find one. Any help would be great!
*Note I am claimed as a dependent from my parents*
