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June 6, 2019
Question

Student Worksheet Part VI line 20 deducts scholarship received in line 15 from expenses paid in line 1, which is already net of scholarships. What have we done wrong?

  • June 6, 2019
  • 1 reply
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It appears that turbo tax is reducing the amount we paid by the amount the institutions offered in scholarships.

1 reply

Employee
June 6, 2019

Look at the amounts in Box 1 and 5 on your 1098-T.  The box 1 amount is before the deduction of scholarships received. 

trienzoAuthor
June 6, 2019
The box 1 amount IS the amount I paid to the institution.  It was after Scholarships.