LK1
Level 1
02-23-2020
10:39 AM
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- Is it there a situation where the amount reported in box 5 of 1098-T (scholarships and grants ) is not deducted from box 1 of 1098-T (Payments received for qualified tuition and related expenses)?
- I thought the amount in box 5 was alaways deducted from amount in box 1 up to the amount in the box 1.
- The instructions says amount reported in box 5 of the 1098-T may be deducted from amount report in box 1 of the 1098-T.
