Hello. I was entering my 1098-T information and was directed to a screen with two check boxes (a screenshot is attached below).
One is asking if I received tax-free education assistance from an employer, the other is asking if the aid was already reported as income on my W2. If either of these boxes is checked, a follow-up question appears asking for the amount to be entered. My employer pays tuition directly to the university. They paid more than the allotted $5,250 for tuition, so the tax was taken out of my paycheck. The only two boxes filled in on my 1098-T are box 1 and box 5. Box 1 has the amount $7,842.00, and box 5 has the amount $2,125.00.
Do I need to check either of the boxes prompted? If yes, what is the amount that should be entered?
