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March 27, 2022
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Turbo Tax question "Did Your Aid Include Amounts Not Awarded for 2021 Expenses?"

  • March 27, 2022
  • 1 reply
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Hello!

 

I just started a graduate program this past fall.  The 1098-T form that I received for 2021 lists the 2021 fall expenses in box 1 but the fellowship/scholarship amount for the entire academic year (for fall 2021 and spring 2022) in box 5.  How would you recommend answering the TurboTax question, "Did Your Aid Include Amounts Not Awarded for 2021 Expenses?"  If it's helpful, the spring portion of the fellowship/scholarship wasn't posted to my student account until a couple weeks into Jan 2022.

 

Thanks so much in advance!

    Best answer by Hal_Al

    Q. How would you recommend answering the TurboTax question, "Did Your Aid Include Amounts Not Awarded for 2021 Expenses?"  

    A. Answer yes, then enter the amount that was posted in 2022.  Keep track of that, you'll need it for next year. 

     

     

    1 reply

    Hal_Al
    Hal_AlAnswer
    Employee
    March 27, 2022

    Q. How would you recommend answering the TurboTax question, "Did Your Aid Include Amounts Not Awarded for 2021 Expenses?"  

    A. Answer yes, then enter the amount that was posted in 2022.  Keep track of that, you'll need it for next year. 

     

     

    rgee23Author
    March 27, 2022

    Will do, thanks a bunch!