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February 16, 2021
Question

At the question "Did You Receive Any of the Following Tax-Free Benefits Last Year" with options while filling out a 1098-T. Box 5 is my rotc scholarship. Is it yes or no?

  • February 16, 2021
  • 2 replies
  • 0 views
The options they give are GI Bill benefits, Veterans' benefits, or Tax-free employer provided assistance.

2 replies

February 16, 2021

No, not since your ROTC scholarship is included in box 5, which could become taxable if it exceeds your qualified education expenses in box 1.

Hal_Al
Employee
February 16, 2021

You answer no, because your tax free benefits are already reported in box 5 of the 1098-T.