Skip to main content
April 12, 2020
Question

If i have a 1098T form why do I need form 8863 and is the form8863 the reason my taxes prep fee went up on tubo tax

  • April 12, 2020
  • 1 reply
  • 0 views
No text available

1 reply

April 12, 2020

Form 8863 is required to be part of your return in order to claim either the American Opportunity Tax Credit or the Lifetime Learning Credit. 

 

The information from Form 1098-T is used to calculate the credit, but it is not enough on its own to be able to claim the credit on your return.  

 

Form 1098-T is only available in TurboTax Deluxe or higher.

 

 

@mzdenean

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