qbteachmt
Level 15

The person got a student grant, so why do you want to remove it from the reporting of grants?

"In the CRRSAA, there was an expansion of the grant provision permitting institutions to apply the emergency grants to a student’s account—only after receiving written (or electronic) affirmative consent from the student—that could potentially be payments for qualified tuition and related expenses (QTRE). This prompted IRS to reinterpret the requisite reporting requirements for institutions.

With regard to student emergency grants, the notice states that there is no requirement to report those amounts on the Form 1099-MISC; however, it states that “the waiver does not apply to the requirement to file and furnish Form 1098-T, Tuition Statement, with respect to any payments received for qualified tuition and related expenses, including qualified tuition and related expenses paid with grants described in this notice.”

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