Skip to main content
February 6, 2021
Question

Why did my refund go down after I entered my college student? I paid cash for college

  • February 6, 2021
  • 1 reply
  • 0 views
No text available

1 reply

Hal_Al
Employee
February 6, 2021

But, don't go by that "refund meter" at the top of the page. Sometimes it's not accurate until additional info is entered. Wait til you get to the end, to see if you agree with the final result. Then all your info will have been input to analyze the result.

 

Make sure you didn't identify yourself as the student, instead of your dependent.  An amount in box 5 of the 1098-T could be treated as taxable income.