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Questions about 1098 tax form. Box 1 said $3500, and Box 5 said $15,000 in scholarships. Must I pay that much?Or xxxxx-xxxx=11500. My earnings will be that.Explain easy
I'm curious about the 1098-T form. Firstly, do I have to pay for this tax form, and if so, how much? Regarding Box 1, which shows $3500, do I owe that amount? Additionally, for Box 5, indicating $15000 in scholarships or grants, do I need to pay taxes on this sum? OR xxxxx-xxxx=11500. I will recieve 11500. I am so confuse about that 1098 tax file. please explain easliy. I am worry to pay for that amount of money.
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‎February 2, 2024
10:23 PM