Q. I paid for my Spring 2022 tuition in November 2021, but now my 1098-T form has nothing in box 1 for tuition expenses but my full Spring scholarship in box 5, causing me to owe taxes on the full scholarship even though that scholarship went towards my payment in November. How do I handle this?
A. As described above, you file or don't file the 1098-T, based on your own records and not an erroneous 1098-T.
Just don't enter the 1098-T, if you are not claiming a tuition credit or do not have any taxable scholarship to report.
If you claimed a credit, on your (or your parent's) 2021 return, Then some of the scholarship paid in 2022 may be taxable.
