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January 23, 2021
Question

Does box 7 of 1098T form effect tax refund if box 7 wasn't checked off for 2019, and after filing 2020 tax return university sent corrected 1098T that has box 7 checked?

  • January 23, 2021
  • 1 reply
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1 reply

Hal_Al
Employee
January 23, 2021

It doesn't usually mean anything because you are allowed to claim, for the tuition credit,  what you paid, in 2020,  whether it was for 2020 or the first term of 2021.