- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
How to answer "Did ...'s Aid Include Amounts Not Awarded for 2020 Expenses?" I'm not sure the "Learn More" info describes my situation.
Simply, my situation is that I started college in Fall 2020. I have a 1098-T form. Let's say my box 1 has "$6500" and my box 5 includes a grant of "$7000". Box 7, which says "Checked if the amount in box 1 includes amounts for an academic period beginning January-March 2021" is checked.
I only used a portion of the grants amount, say "$4000" to pay for fall 2020. The rest was used to pay for winter 2021 expenses.
When it asks "was any of the scholarship income not designated to pay 2020 education expenses?", should I click yes and type in the $3000(7000 - 4000) that was used for winter 2021?
March 20, 2021
3:27 PM