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Level 3
December 7, 2019
Solved

Why am I seeing this year many form 1098 T with the scholarship box 5 exceeding the tuition amount?

  • December 7, 2019
  • 1 reply
  • 22 views

Years past this hardly was the case. This is causing the students a taxable event. Any way to reduce or eliminate from becomming taxable?

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Best answer by garman22

You should ask for a detailed summary of amounts paid for qualified expenses to be sure. I came across a couple this year and they were correct. But I do NOT trust the education institutions. 

1 reply

garman22Intuit Community ChampionAnswer
Intuit Community Champion
December 7, 2019

You should ask for a detailed summary of amounts paid for qualified expenses to be sure. I came across a couple this year and they were correct. But I do NOT trust the education institutions. 

Level 3
December 7, 2019
Good thought,  appreciate any other comments.