Q. I think I’m gonna do what you said- put $3,750 in box 1 and box 5 of 1098-T. If I were to do that, do I still need to input that I received tax-free tuition assistance from employer?
A. No. For tax purposes, you did not receive tax free employer assistance. You've already done the math to get your net qualifying expenses, by entering $3750.
Q. Also, when it asks if the amount was added to my income, what dollar amount do I say….the $3750?
A. No. You enter no additional numbers. The purpose of the short cut (entering $3750 or $4000 in box1) is to avoid the complication of entering the additional numbers and risking TT making a mistake.
