in Education
I recently received my 1098-T for my final semester of College that was completed in Fall of 2025. I received $21,096 in financial aid according to my records for Fall of 2025 semester. My Box 5 states I received $40,805 and I do not have a mark for box 7. My box 1 states I paid $21,041 which is not the total expenses I was charged for for the 2025 Fall semester.
In short this is saying I received near double to aid I actually did, I reached out to my College to see if there if they can fix my 1098-T, as I only received the $21,096 for the fall 25 semester. my 1098-T from 2024 did have the mark in box 7.
What are the best numbers to file with if I don't receive a corrected 1098-T from my institution?
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A 1098 T often does not reflect what you actually paid or received in a single semester. It reports amounts billed and iad posted during a calendar year, not strictly by term. That's why Box 5 can appear higher than the aid you applied for Fall 25, and why Box 7 may be unchecked.
You were correct to contact the school, but if not correction is issued, filing in TurboTax based on the information in the 1098T is acceptable and compliant.
So It should have both semester that were billed/paid in 2025 in Box 1? , because at the current moment it seems to only reflect one of these semesters.
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