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April 4, 2025
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Scholarship Spit Between 2 tax years?

  • April 4, 2025
  • 1 reply
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As an example, if you receive a $2000 scholarship for the 2024-2025 school year and half ($1000) is used in the fall semester 2024 and the other half ($1000) is used in the Spring Semester of the following year (2025), do you claim the full amount of the scholarship ($2000) on 2024 taxes or do you only claim $1000 used in 2024 then have to claim the remainder on 2025's taxes? I hope that makes sense.

Best answer by KrisD15

You report what was paid in 2024, so if it paid in 2024, leave it as is on your Form 1098-T

If it posted in 2024, but will cover tuition paid in 2025, enter the 1098-T and continue through the interview. 

You will get to a screen that asks if any of the scholarship was for a different year. Answer YES and enter the amount for 2025. 

Be sure to account for this next year when you do your 2025 return. 

 

 

 

 

 

 

1 reply

KrisD15
KrisD15Answer
April 4, 2025

You report what was paid in 2024, so if it paid in 2024, leave it as is on your Form 1098-T

If it posted in 2024, but will cover tuition paid in 2025, enter the 1098-T and continue through the interview. 

You will get to a screen that asks if any of the scholarship was for a different year. Answer YES and enter the amount for 2025. 

Be sure to account for this next year when you do your 2025 return. 

 

 

 

 

 

 

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