I have a full scholarship to my graduate program and I am also receiving stipend. This is a "fellowship" year so I am not working for the stipend.
The 1098-T form has box 1 and box 5 matching. The problem is that I am not sure if I need to pay tax on the stipend. The 1098-T form seems to be including the stipend as part of tuition and related expenses.
Say, tuition is $10k and the stipend is $5k. The total in box 1 is $15k. The total in box 5 is also $15k.
So, do I or do I not report the stipend as income?
