Hi.
Just got a CP2000 for last years taxes. Said Tution and fees need to be verified. School submitted a 1098T filling in box 2 with an amount but chose not to fill in box 1.
Is the IRS just asking to show proof that I actually paid what was billed? The school says it chooses not to fill out box one.
"Box 1 – Payments received for qualified tuition and related expenses: This box will be left blank. Universities may choose whether to report payments received or amounts billed on student accounts; they need not report both amounts. The University of St. Francis has chosen to report qualified tuition and related expense amounts billed."
I have a copy of the bill from the school that says I paid it, but no longer have the bank account is was debited from to show further proof.
1) Is the IRS simply asking for a copy of the bill?
2) Will the school bill shown as paid suffice?
Been on phone forever waiting to ask them these questions. Thanks