Hi,
I worked in grad school and tuition remission was part of my benefits, my school (employer) paid for my tuition. My tuition was added to my paycheck and taxed.
When I received my 1098-T, the student accounts listed in Box# 1 the payments received from all sources, including student/tech fees which were not covered by tuition remission.
Nevertheless, in Box# 5, they listed my tuition remission amount as scholarship/grants, which didnot make any sense to me, because my tuition remission was already added to my paycheck and treated as earnings.
The school insist that they have to list those tuition remission as scholarship, and claim this is how the IRS requires them.
I read the IRS instructions for 1098-T for 2024, and it clearly states that student tuition paid by a third party, is an exception and donot have to file 1098-T.
Am I right to request the student accounts to correct the form?
If yes, what can I do to make sure they issue me the correct form, please?
Thanks!
