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Education
Q. Do I add the $9,000 when it asks about employer provided assistance?
A. No. Do not enter taxed employer assistance. Only enter tax free assistance (typically $5250).
Q. Or can I just add the $9,000 when it asks if the amount in Box 5 on my 1098-T was added to my gross income?
Verify that box 5 includes employer assistance. It shouldn't. But sometimes schools mistakenly put it there. When asked that question, put the amount that is included in box 5 and taxed (probably $9000).
‎February 1, 2023
5:58 PM