How To Fill Up Online Scholarships Form?

I got a 1098 T form and the only box filled out is #5 for scholarships/ grants....should I still fill it?

  • I get a pell grant to pay for school. I don't pay anything out of pocket. Does this form help me out or hurt me when it comes to my taxes?

  • Answer:

    It's proof of income so it doesn't help. But usually educational expenses are deductible against that income so it shouldn't make any difference when it's all said and done.

Tori D at Yahoo! Answers Visit the source

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