rchancia
Returning Member

Retirement tax questions

Thanks Thomas,

 

Just to clarify, I enter "Reclass Sch Inc?" as the description for other reportable income?

 

Also, I do in fact have a 1098-T form where box 1 (payments received for qualified tuition and related expenses) equals box 5 (scholarships or grants), but neither of these amounts is related to the 1099-MISC documenting the amount I was paid as a stipend. Other than indicating I am a full-time graduate student, the 1098-T contains no other relevant information. Does that change anything? Is it still okay to indicate I do not have a 1098-T and proceed with your instrucitons?

 

Thank you so much for your help!