Do I need amounts listed in Box 1 or 2 on 1098T? W...
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classof2015-
New Member

Do I need amounts listed in Box 1 or 2 on 1098T? What I have is Box 1 is blank, Box 2 is blank, Box 5 $24,547.

 
2 Replies
DavidS127
Expert Alumni

Do I need amounts listed in Box 1 or 2 on 1098T? What I have is Box 1 is blank, Box 2 is blank, Box 5 $24,547.

No, you don't need to enter an amount in box 1 or box 2 for your 1098-T, if those boxes were blank on the Form 1098-T you received.

 

But, if you believe the Form 1098-T is incorrect, e.g., if all or part of the scholarship amount reported in box 5 was used for tuition, you should contact the educational institution and ask for a corrected Form 1098-T.

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fanfare
Level 15

Do I need amounts listed in Box 1 or 2 on 1098T? What I have is Box 1 is blank, Box 2 is blank, Box 5 $24,547.

Of the amount in box 5 used to pay for tuition, 

report it as "tuition and fees not reported on a 1098-T"

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