University tuition fees.

Forum|Forum|1 year ago
January 28, 2025
1 reply
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Where do I need to fill my dependent tuition fee which I paid out of pocket to their university?

I don't believe that the fees are added to the 1098-T box 1.

TurboTax Deluxe Online

Hal_Al

Employee

Fees are almost always included in box 1 of the 1098-T. If you have any additional required academic fees, the TurboTax (TT) interview will allow you to add them, after entering the 1098-T. Include the fee amount in "Books and materials required to be purchased from the school".

Hal_Al

Employee

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.

If you claim the tuition credit, you do need to report that you got one or that you qualify for an exception (the TurboTax interview will handle this)

You claim the tuition credit, or report scholarship income, based on your own financial records, not the 1098-T. In the 1098-T screen, click on the link "What if this is not what I paid the school" underneath box 1. You will then be able to enter the actual amounts paid. You will also reach a screen that allows you to adjust the scholarship amount for "amounts not awarded for 2024 expenses".

Or if you find it easier, just change the numbers in boxes 1& 5 to what your records show. The 1098-T that you enter in TT is not sent to the IRS.