Thank you so much for all the detailed information and guidance! I really appreciate how thoroughly you explained everything. I didn’t know about the “loophole”...
Thank you for your detailed explanation.In our case Grants exceeds tuition and even after deduction required education expenses, there is still remaining balanc...
The situation can be explained in more detail as follows:The amount in Box 5 (Scholarship or Grants) of the 1098-T exceeds the amount in Box 1 (Tuition and Qual...
