Question

Do I have to enter my 1098-T if my grants\ scholarship s are lower than box 1?

Forum|Forum|6 years ago
March 4, 2020
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TurboTax Free Edition Online

Employee

No.

The 1098-T is only any informational document. The numbers on it are not required to be entered onto your tax return. However receipt of a 1098-T frequently means you are either eligible for a tuition credit or deduction or possibly your student has taxable scholarship income.

If you claim the tuition credit, you do need to report that you got one or that you qualify for an exception (the TurboTax interview will handle this)

If you are somebody's (e.g. your parents) dependent, they should claim the tuition credit if box 1 is more than box 5.