jttucker3
New Member

Education

I have a variation:

Received 1098-T for daughter

Block 1 was $4,261 (amount we paid out of pocket)

Block 2 was 0

Block 3 was $5,500 (scholarship paid directly to the school)

Actual Tuition paid for Spring 21 and Fall 21 semesters was $9,761 (which is the sum of Block 1 and Block 3).

Turbo Tax now states my daughter needs to count the difference of Block 3 and Block 1, $1,239, as income and has to file a tax return.   Doesn't make since that this is income.

Did the school error in filling out Block 1 and I need to request an amended 1098-T?   Or does the Turbo Tax program have an error in this case