Very straightforward. No 529s, no overlapping years. Full time grad student paying mostly from savings. Income on W2 of $4,500. 1098-T shows 23,500 in box 1 and 8,000 in box 5. Box 1 exceeds Box 5 so no taxable income. Turbo tax shows it as other income and carries it through to be taxable on a state return. I am pretty sure I can just leave the 1098-T out as nothing is taxable and I also know I am not going to get an education credit but prefer to know why it is doing this.
Any ideas why? Thanks
