- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
The amount of box 1 that was paid by loans is not relevant for tax reporting purposes. For tax purpose, you may allocate the box 1amount to various sources ( loans, grants, personal funds, scholarships) as needed. The one exception is if the conditions of a scholarship specifically say it must be used for tuition.
‎January 27, 2023
10:04 AM