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    yowmn's Avatar
    yowmn Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 23, 2008, 04:17 PM
    How do I enter information from 1098-T?
    Where on my tax form would I file Box 5 from my 1098-T? I used Taxcut and entered the amount from box 2 but I do not know where to enter box 5. It will not let me enter under scholarships because it does not equal Box 2? YIKES!!

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    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Mar 10, 2008, 12:45 PM
    You do not enter it ANYWHERE.

    What you do is SUBTRACT the Box #5 scholarship information from the BOX #2 tuition paid, then enter the difference on your tax return.

    If Box #5 is GREATER THAN Box #2, then you CANNOT CLAIM any tution credits or deductions.

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