1098-T refund is taxable even if used on school supplies?

1098-T refund is taxable even if used on school supplies? Hey there I have a question about my 1098 i just received. I have a little under 2k coming back from excess grants. I am ACTUALLY going to spend this refund on school necessities. Do i just keep the receipt for the stuff I purchase, just incase I get audited? From what i understand if i put this form on my tax return papers, my refund will be ta...

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