Are you SURE about this statement:
"The scholarship amount in Box 5 is subtracted from the amount in Box 1". Not on my 1098T last year or this?
In my case, I've paid for my child's Fall 2022 and Spring 2023. The amount in BOX 1 is the amount we paid from her 529 less $4000 so we can get the benefits of the American opportunity tax credit (AOTC)
The amount in box 5 is $20,000 but that's actually NOT included in that Box 1 number.
