When you entered the 1098T, since your box 5 was $5,500 more than box 1, this became taxable income subject to regular income tax.
You will now see this amount on line 1 of your 1040 form.
Yes, it can be normal for it to cause that much of a change. Depending on your age and situation, even if you did not have other income, this money would still be taxed with the Kiddie Tax
It could have also increased your taxable income in general, giving you taxable income that you may not have had before entering it.
If you want to see exactly what changed, you can preview your 1040 by clicking TaxTools>>Tools>>View Tax Summary>>Preview My 1040 and look at lines 1, 7, 10 and 11. Write these numbers down, then delete your 1098-T and look at the numbers again. This will tell you exactly what is changing your numbers.
Just be sure to re-enter the 1098-T as it does have to be reported since it is taxable income.
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