Why am I seeing this year many form 1098 T with the scholarship box 5 exceeding the tuition amount?
Years past this hardly was the case. This is causing the students a taxable event. Any way to reduce or eliminate from becomming taxable?
Years past this hardly was the case. This is causing the students a taxable event. Any way to reduce or eliminate from becomming taxable?
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.
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