Student Loan & Education Tax Topics

Education

Education: Deductions, Credits, and Answers

There’s no doubt about it, education tax benefits can make a huge difference in your refund. The American Opportunity Tax Credit (AOTC) typically offers the largest tax break. But if you don’t qualify for that, there’s always the Lifetime Learning Cr... read more

International Student Taxes married to US citizen

Hi! I am currently an F1 student in the USA, and I was recently married to a US citizen on August 16 2025, I am unsure whether I should file my taxes jointly with my US husband or separately, and similarly for my husband as well to whether he needs t... read more

pay next year's taxes

I'm getting a refund on this year's taxes, so why do I have to estimated taxed for next year?

Treatment of employee stock shares after acquisition

Suppose the following scenario occurs:An employee of company A has 1000 vested shares of company Acompany B purchases company AAs part of this acquisition, employees of company A can chose to receive from amoung the following:- a payout of $5.00 per ... read more

1098-T & Additional Expenses

I have a Form 1098-T where Box 1 reported ~$1000 and Box 5 reported ~$5k. Since Box 5 exceeds Box 1, TurboTax is asking me to fill Form 8615. However, the scholarship was already applied to the tuition before we paid, so the original tuition is much ... read more

529 distribution

I paid for room and board for my non-dependent child who is attending college and I got reimbursed from their 529 plan. The 1099-Q is in my name and it showed the reimbursement that I received (and box 6 showed that the recipient is not the designate... read more

I am a music tech at a high school three days a week, and am a lesson teacher at a music school as well as a full time student and a waitress, what is my occupation?

I spend 2.5 hours each day at the high school, 4 hours twice a week at the music school, and am in 13 hours this semester (last semester) in college

I have my 1098-E for student loan interest, it was entered, but it said "it turns out you don't qualify for this deduction." ?!

I'm entering a 1099 Q for a 529 distribution. I'm entering the exact same amount as a 1099-t for tuition paid but for some reason there is a tax liability

1098-T and Impact on Total Income

Hello! I am struggling to figure out how to properly input my 1098-T information without it incorrectly calculating my total income. I think the problem lies in the number I am inputting for "Actual amount paid for tuition." In that field, I am inclu... read more

AOTC and 529 w/d basis portion

My son is NOT my dependent and NOT a qualifying relative (due to his age/income and not being a FT student). He was a half-time student his final spring semester and he got a 1098-T for $5,000. This is the first year he has not been my dependent so t... read more

Turbo tax says my child owes taxes based on 1099-Q from a 529 distributions. But all funds were used for qualified expenses. What am I doing wrong?

I've put all the information from form 1099-Q (payment from qualified education programs) into turbo tax and followed every prompt. I've double checked each question set. Nowhere does it give me an option to state that the funds reported on 1099-Q we... read more

Where do I enter Form 1098-E

How do I enter Form 1098-E

shouldn't a college students filing fee be $0 if they only have a W2 and 1098T?

Lifetime Learning Credit - EIN Required?

My daughter attended Esthetician school in 2025 and the school does not provide 1098-T forms. They tell me other students have successfully filed their taxes with alternate documentation / statements showing tuition paid. I have asked for a Federal I... read more