I'm a CPA (corp accountant not tax) and I'm trying to help my grad student daughter with her taxes. She gets a stipend and I understand that is taxable. The numbers reported on the 1098-T in box 5 include tuition and actual cash she received. The amounts in box 1 I would think would = the non-cash amounts in box 5 thus cancelling out the non-cash amounts as QED. They don't. Inputting the amounts lead her will $10K more in taxable income than she received in cash and this makes no sense to me. She does not have other out of pocket QEDs. I'm tempted to override the 1098 T to get the answer I think it should be. Any suggestions?
