Hello,
All of my Pell Grant went towards my tuition and qualified expenses and only my FSEOG grant was refunded to me directly.
Because of the FSEOG being refunded back to me, my Box 5 ended up exceeding my Box 1 on my 1098-T.
Would I report the excess as taxable income since I did not receive back any of the Pell Grant but only the FSEOG grant as a refund?
Thank you all for your help!
