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T
tomtom2345
March 4, 2020
Question

Why did tax owed increase on adding 1098T?

  • March 4, 2020
  • 1 reply
  • 0 views
Our 1098-T listing $1120 in Box 1, $75 in Box 5, and Box 8 checked. We paid $1045 in out of pocket for the tuition. Both the federal and state tax owed goes up.

Why is this the case?

1 reply

K
klehnhardt
March 6, 2020

We are unable to view you tax return here in the Community. To see why your taxes increased, an agent will need to look at different areas of your return.

 

 

To allow an agent view your return to answer your question see What is TurboTax Live? - Community.

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