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I have a question regarding a 1098T for a student completing
I have a question regarding a 1098T for a student completing her last year. The 1098 lists only the scholarship and not any accompanying tuition. I do have a spring term statement that does show all f… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
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My daughter received a form 1098-t. It only has an amount in
My daughter received a form 1098-t. It only has an amount in Box 5 Scholarships and Grants. I claim her as a dependent on my taxes. Do I have to enter this on my taxes? … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,079 satisfied customers
I have a client who I am filing taxes for that has a 1098-T.
I have a client who I am filing taxes for that has a 1098-T. This is the last year they will be claiming an education credit. My problem is this. Since it is the end of their term of college, their 10… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,079 satisfied customers
MY DAUGHTER'S 1098-T FORM FROM HER SCHOOL HAS CHANGED. IN
MY DAUGHTER'S 1098-T FORM FROM HER SCHOOL HAS CHANGED. IN THE PAST, LINE 2 HAD TOTAL TUITION AND EXPENSES INCLUDED. LINE 5 HAD TOTAL SCHOLARSHIPS AND GRANT. … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,079 satisfied customers
On my 2018 1098T form is states $18,400 for a work study
On my 2018 1098T form is states $18,400 for a work study grant that I received. It states I paid $14,000 in tuition in 2018. The grant is I received requires me to work at a certain clinic upon comple… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
5,293 satisfied customers
I believe the 1098-T I received for my daughter is
I believe the 1098-T I received for my daughter is incorrect. Her tuition/fees are paid through a guaranteed tuition plan (Texas Tomorrow fund) I set-up when she was born. The problem is with Box 5 (S… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,079 satisfied customers
Navy. The Navy paid to send me to the College of & for an
I am Active Duty Navy. The Navy paid to send me to the College of William & Mary for an MBA, which is non-taxable. The Business School covered the difference between what the Navy paid and the total t… read more
Dr. Fiona Chen
Dr. Fiona Chen
President
Ph.D.
5,293 satisfied customers
My son went to college full time Spring 2012. He received
My son went to college full time Spring 2012. He received 2 scholarships for this session, but tuition was billed in 2011 for the spring session. Therefore, his 1098-T does not show any billed tuition… read more
Megan C
Megan C
Certified Public Accountant (CPA)
Master's Degree
8,659 satisfied customers
My daughter graduated in May 2012. We paid her tuition bill
My daughter graduated in May 2012. We paid her tuition bill for the spring semester in December 2011. Her 2012 1098-T shows the amount of her scholarship in box 5, but there is no billed amount in box… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,079 satisfied customers
I have a form 1098-T. Box 2 is $7741.25. Box 5 is $15,000.
I have a form 1098-T. Box 2 is $7741.25. Box 5 is $15,000. What do I do with these two amounts on the Form 1040?… read more
winktax
winktax
Enrolled Agent
Master's Degree
425 satisfied customers
Hi, My daughter attended a college full time since Fall 2010.
Hi, My daughter attended a college full time since Fall 2010. For Spring 2012 semester, she transferred to a different university for full-time attendance. She could not register for clasees at the ne… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
1,394 satisfied customers
My school sent me a 1098-T that shows box 5 at $18,884.
My school sent me a 1098-T that shows box 5 at $18,884. There was no way I received that in grants or scholarships so I checked my school account. Grants/Scholarships totaled only $9832 that was credi… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,079 satisfied customers
This is kind of a question, but I am wondering about paying
Hi! This is kind of a long question, but I am wondering about paying taxes on Pell Grants. It was explained to me that you ONLY had to pay tax on Pell Grant monies received that were OVER your qualifi… read more
rramsook
rramsook
President/Owner
Bachelor's Degree
305 satisfied customers
Im looking at education credit 8863 and wondering if the amount
I'm looking at education credit 8863 and wondering if the amount reported on the tuition statement form 1098-T box 2 is what I should use, or box 2 (amounts billed for qualified tuition) LESS box 5 (s… read more
Robin D.
Robin D.
Senior Tax Advisor 4
Vocational, Technical or Trade School
22,987 satisfied customers
when doing my taxes I got a 1098-T form from school. My tuition
when doing my taxes I got a 1098-T form from school. My tuition was 10,039 and my scholarships were 6,494. The rest I paid it with loans. How do I enter this in my tax return? or do I even have to ent… read more
Merlo
Merlo
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558 satisfied customers
Form 1098-t Box 1 6994.46(Qualified Tuition) Box 5 10347
Form 1098-t Box 1 6994.46(Qualified Tuition) Box 5 10347 (Scholarships/Grants). Part of this amount was used to pay the tuition and the balance for lodging. Can parents still deduct credit on the 6994… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,079 satisfied customers
My daughter received a 1098-T for her grants received to ...
My daughter received a 1098-T for her grants received to attend college and we claimed it as income. Is this taxable or if not why was this 1098 issued and furnished to the IRS.… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
33,079 satisfied customers
My 20 year old daughter earned $5,373 at her summer job and ...
My 20 year old daughter earned $5,373 at her summer job and received a $10,800 scholarship for her full-time college expenses last year. She was sent a form Form 1098-T for the scholarship and tuition… read more
Russ
Russ
machinist
Bachelor Degree
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