Student Loan & Education Tax Topics

Student Loan & Education Tax Topics | TurboTax® Support

Education

Do I need the deluxe edition to claim the lifetime learning credit?

Turbo Tax says that I have already entered my son's tuition, but it shows up as $0. Where would I have entered that already?

Can F1 changing status to H-1B use the exception to the 5-Year rule?

Hi All, Tax year 2020 will be my 6th year as a student (2010 and 2011 as J1, while 2017, 2018 and 2019 as F1), hence, I will exceed the 5-year life time rule for students and trainees. On the other hand, there is an exception to the 5-year rule for s... read more

1098 T Form - Scholarship and Grant Money Exceeds Tuition - What Now?

This is my first year filing as independent and I am lost with the 1098 T form I received from the college I attend. In fall 2020 I received a total of $2547.50 in grants/scholarships and I had $492 left over after tuition was paid, which I used for ... read more

Does anyone know where in TurboTax I can enter numbers in the "Grantor Letter" for a Student Housing DST?

The letter lists my share of the passive real-estate income. It also gave amounts for rents received, depreciation, insurance, mortgage, etc. I have not been able to find a place to enter these numbers in TurboTax.

claiming scholarships

We have twins who just finished their first year of college. They both got scholarships and we got a 1098-T for both. The company my daughter worked for in 2019, gave her last paycheck to her in Jan 2020 so she has to report that income. It was $45.5... read more

Is money paid to a full time student for work at the university considered tax-free employer provided assistance if it is listed in Box 5 of the 1098-T?

What if the university provided $4,000 in scholarship funds (1098-T has $4000 in Box 5) to my daughter for working for one of the university's sports teams. She did not receive a W-2 and the money was put directly into her account at the university c... read more

How do I find a federal id number for an international school?

What is the tax rule for Scholarship for Service?

If a college students gets the scholarship for service from an organization, that means he got scholarship now, but have to work for the same amount of years for the agency after he graduate. Which part is qualified for tax free? For the part he has ... read more

Pay Tax on Dual-Enrollment Scholarship from Senior Year?

In 2020, my daughter received a dual-enrollment scholarship during spring semester of her senior year of high school to attend a college class while still attending high school. She received a 1098-T for the scholarship listing the tuition cost and s... read more

What is "tax free employer tuition assistance" and what qualifies for it?

I don't understand "tax free employer provided assistance" question as I'm completing the information for my 1098t. What is tax free employer provided assistance?I received a Pell Grant, Tuition Aid Grant, Federal Loans (direct, unsub, and parent), a... read more

Graduate Health Insurance Appearing on both my 1098-T and W2

I am a graduate student who received a graduate assistantship with included health insurance. On my 1098-T the health insurance amount is showing up in box 5 (scholarships) in excess compared to box 1, which I am aware from other posts is taxable. Ho... read more