Skip to main content
February 5, 2021
Question

Hi what does the bubble option under box 1 mean on the 1098-T form?

  • February 5, 2021
  • 1 reply
  • 0 views
No text available

1 reply

February 5, 2021

That is for when the school did not report the tuition amount paid correctly in box 1.  You have the option to make an adjustment by checking that bubble under box 1.  This allow the program to calculate your education tax breaks correctly on either Form 8863 Education credits and Form 8917 Tuition and Fees deductions.