1098-T form

Forum|Forum|4 years ago
May 15, 2021
1 reply
0 views

Where do I enter the information from my 1098-T form? I received less money in scholarships (box 5) than I paid in tuition and expenses (box 1), where do I enter those numbers?

Not A Product Question

DanaB27

Please follow these steps:

Login to your TurboTax Account
Click on "Search" on the top right and type “1098T”
Click on “Jump to 1098T”

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

Hal_Al

Employee

In TurboTax (TT), enter at:

Federal Taxes Tab (Personal for H&B version)

Deductions & Credits

-Scroll down to:

--Education

--Education Expenses

There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't eligible. A full time unmarried student, under age 24, even if you don't qualify as a dependent, is only eligible for the refundable portion of the American Opportunity Credit if he supports himself by working. You cannot be supporting yourself on parental support, 529 plans or student loans & grants. You usually must have actually paid tuition, not had it paid by scholarships & grants. It is usually best if the parent claims that credit.

You cannot claim a credit if you are, or can be, claimed as a dependent by someone else.