2025年1月27日 · The 1098-T is only an informational document. The numbers on it are not required to be entered onto your tax return. However receipt of a 1098-T frequently means you are either eligible for a tuition credit or possibly your student has taxable scholarship income (in which case the student files it).

2021年2月8日 · You realize you claimed an expense, deduction, or credit that you weren't eligible to claim. See this article and this one for more information on filing an amended return with TurboTax. The IRS does match information on filed returns with Forms 1098-T filed by the educational institutions, so you might get a notice.

2019年5月31日 · So, as my daughter is a dependent, I report the 1098-T and 1099-Q on my return, not hers, even though her social is listed as the recipient for both (and turbo tax instruction says to put 1099-Q on whoever's social is listed).

2025年2月19日 · On my 2023 1098-T, box 7 was checked, meaning my Spring 2024 tuition was included in 2023’s reported tuition. However, the scholarships and grants for Spring 2024 were NOT included on my 2023 1098-T—instead, they are only showing up on my 2024 1098-T. Because of this, my 2024 1098-T now reflects onl...

2020年1月23日 · A. Yes, that's the general rule. But, no, it's not EVERY time. Frequently, both the student and the parent will enter the 1098-T, as the parent claims the tuition credit and the student declares scholarship income. The 1098-T is only an informational document. The numbers on it are not required to be entered onto your tax return.

2025年1月30日 · No other numbers. You only enter the 1098-T to get TurboTax to check the proper box on form 8863. Lying to TurboTax to get it to do what you want does not constitute lying to the IRS. The 1098-T that you enter in TT is not sent to the IRS. Enter the 1098-T, exactly as received, on the student's return. Enter book and computer expenses separately.

2020年1月27日 · Whoever claims the student as a dependent on their tax return (student or someone else) is the one who can claim the qualified education expenses paid out of pocket or with loans for credit or deduction.

2025年2月8日 · Box 1 almost always includes the following year classes. Please look at Box 7, if Box 7 is checked, then Box 1 on the 1098-T DOES include January 2025 fees. Box 5 (scholarships posted) USUALLY lags behind a year and posts on the next year's 1098-T. If you had a 2023 1098-T (or earlier) please try to match the expenses with the scholarships.

2025年2月8日 · Here's how to enter your 1098-T in TurboTax, from Where do I enter Form 1098-T (Tuition Statement)?: Enter the 1098-T in the section for Tuition: TurboTax Online: Here is the link: 1098-T. or use the magnifying glass, type "1098-T", and select "Jump to 1098-T" TurboTax Desktop: Select Search. Search for Form 1098-T. Here is some more ...

2019年6月4日 · 1098-T High school student With the additional information provided, it seems like he has excess education expenses after what the scholarship covers. ( 144-72) Therefore, he will be able to claim a small amount of the education credit for the $72.