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May 12, 2021
Question

Graduate Health Insurance Appearing on both my 1098-T and W2

  • May 12, 2021
  • 1 reply
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I am a graduate student who received a graduate assistantship with included health insurance. On my 1098-T the health insurance amount is showing up in box 5 (scholarships) in excess compared to box 1, which I am aware from other posts is taxable. However, this same amount also appears to be included in my paystubs / W2 as a "health insurance imputed income" which has already been taxed. Do I need to report the 1098-T amount then? Thank you!

    1 reply

    Hal_Al
    Employee
    May 12, 2021

    Q. Do I need to report the 1098-T amount then?

    A. No.  It should not have been included in box 5 of the 1098-T, if it was also on the W-2.  If you're sure it's a duplication, reduce the box 5 amount when you enter it.

     

    The 1098-T is only an informational document. The numbers on it are not required to be entered onto your tax return.