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

My father maintains a 529 for my child. Last year he withdrew $$ to reimburse me for tuition I paid. He received a 1099Q. Must he report the distribution as income?

Ways to maximize AOTC with 1098-T?

I have a rather large difference between box 1 and box 5 on my 1098-T. Box 1 is showing $6,533.58. Box 5 is showing $21,401.52. I had a study abroad expense of $3,720 that was not included in box 1 due to my university switching providers in the midd... read more

How do you get to the qualified education expenses? I cant submit until I make this change

How to complete question about residency if dependent student studies abroad?

Child is 19, studying in another country. So it's a temporary absence. How do I answer whether "all the time" living with me was in the US?

What should I do if my 1098-t is incorrect on box 1 and the university wont fix it but I have records of what the amount should be?

My 1098-t has the incorrect amount on box 1 and when I asked the university they said that it is because they only put as qualified expenses what was charged for the year, but the grant went for paying for the spring semester. They charged my account... read more

Regarding the Education Expense. My son has attended 2 different schools in 2025. One is Catholic and one was public, how do I put both in.

We paid tuition or fees at both schools.

on my student worksheet for a 1098 T it keeps saying my sons school zip code is incorrect but it is not what can I do?

Can Freddie mac Loan interest for land be use as a deduction?

This property has two cabins on it and it used as a vacation property. Not a rental property.

My kids go to private school and I pay tuition but I don’t have any forms for this

What is 1098-T?

Is 1098-T a form of income when we fill out the taxes?

TurboTax is broken for 529 WIthdrawals for Tuition

On the Student Information Worksheet, in Part VI Education Expenses, in line 1, the "Tuition paid from Part IV and qualified elementary and secondary tuition" should copy into the column for "Qualified Higher Education Expense for 529 Plan". But it d... read more

Where do I input expenses that were not purchased from the school? For example, online website access, miscellaneous supplies? Laptop?

1098T loophole for dependent

We will be claiming our 19-year-old son as a dependent on our tax return. He has a 1098T with $4,947 in box 1 and $10,249 as scholarships in box 5. In order to maximize our AOTC on OUR return, I'm assuming he needs to claim some of the amount in box ... read more

1098 t

My box 5 is more than my box 1 because they reported my tuition for spring of 2025 in 2024 but my scholarships for spring of 2025 in 2025 (box 1 is $0 and box 5 is $9,250) i lived off campus so all of that scholarship money went to tuition for spring... read more