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Education
@LSA2002 said " He got his 1098-T for 2020 with box 1 filled for over $30K. All that money was spent on tuition - he got a free ride"
You don't say what was in box 5.
Box 1 is the tuition and fees and box 5 is the scholarship amount. Th difference between box 5 and box 1 is the taxable amount (assuming box 5 is larger). It could be that box 5 also includes the $20K stipend. Some schools do it that way, others report the stipend separately.
March 7, 2021
3:42 PM