Where do we enter the out of pocket portion of college tuition and books paid directly to school and not covered by loan?

Forum|Forum|6 years ago
June 6, 2019
12 replies
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where do we enter the out of pocket portion of college tuition and books paid directly to school and not covered by loan?

TurboTax Premier iPad

Best answer by PopeyeTheSalior

If this is your first time entering your school information, here are the steps:

In TurboTax online,

Sign in to your account, select Pick up where you left off
At the right upper corner, in the search box, type in "1098t" and Enter
Select Jump to 1098t
On the screen, Now Let's gather XYZ's Additional Education Expenses
Follow prompts
Next screen, Your Education Expenses Summary, select Edit
Next screen Here's Your Education Summary, under Tuition, select Edit to enter tuition information

Please also note that, for the portion of tuition or book expenses you pay with your student loan, you can still claim them as you are required to pay back in the future. It is treated as if you actually pay.

PopeyeTheSalior

Employee

Are you referring to student loan? Did you receive a Form 1098-T?

ourfamily123Author

Yes got 1098t with box 2 chkd and box 7 filled in but we pay out of pocket part of tuition directly to school because loan wasnt big enough. So where do you enter that and book expenses?

ourfamily123Author

I meant box2 filled in and box 7 chkd

ourfamily123Author

We also paid on some of loan and got 1098e For interest paid.

PopeyeTheSalior

Employee

Please see answer below

ourfamily123Author

Perfect thank you. I see the books/material. Is ther a place to enter the tuition paid to school?

PopeyeTheSalior

Employee

Please see answer below

ourfamily123Author

Thk u

PopeyeTheSalior

Employee

You are welcome!

PopeyeTheSaliorAnswer

Employee

If this is your first time entering your school information, here are the steps:

In TurboTax online,

Sign in to your account, select Pick up where you left off
At the right upper corner, in the search box, type in "1098t" and Enter
Select Jump to 1098t
On the screen, Now Let's gather XYZ's Additional Education Expenses
Follow prompts
Next screen, Your Education Expenses Summary, select Edit
Next screen Here's Your Education Summary, under Tuition, select Edit to enter tuition information

tennaw02

I paid part of my tuition fee out of pocket the the trade school. Where do I fill that in the 1098T Form?

AmyC

Employee

When you input the 1098-T, box 1 has the total paid. Box 5 shows any scholarships. The difference would be what you paid. You can also add expenses for books, internet (COVID related), and other supplies required for school.

@tennaw02

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