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April 6, 2022
Question

My 1098-T Box B value is the amount of scholarships I got, but I also got tax-free employer assistance. Should the value of Box B be scholarships employer assistance?

  • April 6, 2022
  • 1 reply
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I did not claim my tax-free employer assistance on my W2 or a 1099

1 reply

Hal_Al
Employee
April 6, 2022

Q. Should the value of Box 5 (not B), of the 1098-T, include employer assistance?

A. Simple answer: No.  But some schools do include it, when the employer pays the school directly.  So, it's up to  you to know whether employer assistance is included in box 5.

 

The TurboTax (TT) education interview will ask you, a few screens after entering the 1098-T, whether you got employer assistance. Enter it there, so that TT can take it into account when calculating your education credit.