KrisD15
Expert Alumni

Education

If you are a dependent, the person that claims you can use the 1098-T for an education credit if Box 1 is more than Box 5. 

If Box 5 (scholarships) is more than box 1 (tuition) you might need to file and claim the difference as taxable income.

 

If you are not a dependent, you also might need to report Form 1098-T for a credit or to report taxable income. 

 

Can you tell us if you are or are not a dependent?

What is reported in Box 1 and Box 5 on the 1098-T? 

Are you an undergrad student?

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