- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1098-T
I am reporting my daughter's 1098-t on my taxes. She is in grad school and completed her first semester fall 2024. She received the WICHE scholarship which was reported box 5 on the 1098-T. We paid $8,682.25 for her tuition which was reported in box 1.
Her tuition was paid for with the combination of what we paid plus the WICHE scholarship. We did not pocket the difference. Why is TurboTax telling me that we need to now pay tax on the difference between box 1 and 5?
Thank you for any insight.
March 27, 2025
12:58 PM