Hi! I did ask the school and they said all disbursements, taxable or not, are recorded on the 1098-T. Would you recommend entering $4500 for box 1 then $4000 for box 5 (even though box 5 on the 1098-T says $7000)? This is what i’m thinking, but not 100% sure. Would this be a red flag? I don’t have an issue reporting the $3000 grant, but definitely do not want to get taxed on it. I don’t qualify for the AOTC. What’s the best way to enter this?
