Solved

Should I report my scholarships if they were used only for tuition, fees, and books?

Forum|Forum|7 years ago
June 5, 2019
1 reply
0 views

When I put the scholarship in the box of "other scholarships", it cuts my refund in half. It was used only for tuition, fees, and required books. It was a scholarship through the school and did not show up on my 1098 T. In fact my 1098 T just has zeros in box 1 and 5, while box 2 is blank.

TurboTax Deluxe Online

Best answer by KrisD15

Are you sure you received a scholarship in 2017? Check your school account records. It sounds like the school may have billed in 2016 for classes that started in January of 2017. It also sounds like the scholarship paid for those classes in 2016. If this is the case, there would be nothing for you to report.

KrisD15Answer

Are you sure you received a scholarship in 2017? Check your school account records. It sounds like the school may have billed in 2016 for classes that started in January of 2017. It also sounds like the scholarship paid for those classes in 2016. If this is the case, there would be nothing for you to report.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

J

jrock100Author

I began to receive my scholarship in 2016, but every semester there is a bill to start classes and I go to the financial aid office to verify my scholarship. After it is verified, the bill then becomes a zero balance. I went to school for all 3 semesters in 2017. I am confused if it is supposed to be reported this year then?