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What portion of the $4621 from box 5 on your 1098T is from veterans benefits

 
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AndreaG
New Member

What portion of the $4621 from box 5 on your 1098T is from veterans benefits

Any veterans benefits that were processed by the school for the academic periods that are represented on your 1098T to pay for tuition should be in box 5 and if you did NOT receive any other types of tax free educational assistance, then the whole amount in box 5 should be your veterans benefits. 

 According to page 4 of the IRS Form instructions under the heading, "box 5 scholarships or grants", ".......Scholarships and grants generally include all payments received from 3rd parties. (excluding family members and loan proceeds) This includes payments received from governmental and private entities such as the department of veterans affairs, the department of defense, civic, and religious organizations, and nonprofit entities." https://www.irs.gov/pub/irs-pdf/i1098et_16.pdf

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