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1098-t tuition payment and scholarships in different calendar years
2024 1098-t Scholarships/grants for Spring 2024 belong to tuition paid at the end of December 2023 - How do I avoid these becoming taxable for 2024 when entering the 1098-t in turbo tax.
The 2023 1098-t had box 7 checked to imply some of the payments were for 2024.
The 2024 1098-t has nothing in Box 1 but an amount in box 5.
The tax premise is that scholarships and grants are not taxable as long as they are against tuition payments. Help please.
‎April 1, 2025
12:28 PM