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  • Mar 9, 2009, 04:48 PM
    acowin
    Form 1098-T
    I am a Canadian working in the U.S. on a I94-TN visa going to graduate school as a half-time student. I have received a form 1098-T and need to know if I can use the value in box 2 ( amounts billed for qualified tuition ) and should I be reporting the value in box 5 (scholarships or grants ). I have on other U.S. income besides employment income.

    If so, please advise where I report these values on my 1040NR-EZ.

    Thank you
  • Mar 9, 2009, 07:01 PM
    MukatA

    If you are a degree candidate and if the financial aid (includes scholarship and fellowship) is for tuition fee, other fees, books, supplies and equipment, then it is not taxable. For a degree candidate aid for boarding and travel are taxable.
    Read scholarship and fellowship grants, Your U.S. Tax Return: The U.S. Income Tax Topics 1

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