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
I have inputed 1099-Q and 1099-T, but the screen a screen that asks:
"Did [Child's Name] pay for books or materials to attend school?" never
showed up. As a consequence, i cannot input the "Room and board" . how
to make it to show this screen/section...read more
ldweiPosted yesterday
| Latest post 21m ago by
ldwei
I am using the desktop product for the 2025 tax year and I have entered
the 1099Q and 1098T information, however I am not getting a screen to
enter my other college expenses. It keeps taking me to the education
credit and showing I owe taxes and pena...read more
amptaxPosted Thursday
| Latest post 43m ago by
amptax
It allows books and supplies to be entered if charged by the
institution, and indicates other expenses can be entered later, but it
never then prompts for other expenses before moving out of the 1098-T
and 1099-Q sections in the online version.
Slobo1Posted Friday
| Latest post 48m ago by
Hal_Al
@Hal_Al ,I’m still not clear on whether taxable scholarships our student
reports as income increase the qualified portion of our 529 distribution
or reduce it – depending on whether we took a 529 reimbursement for some
of the taxable scholarship tota...read more
Majk_MomPosted 2 weeks ago
| Latest post 3 hours ago by
Majk_Mom
I received 1099-Qs for both my college students and they both received
their 1098-T forms. We don't qualify for any of the education credits
due to income and no scholarships either. This year when I went to enter
the expenses, it only gave me prompt...read more
My 18 y/o daughter is a full-time student and has a part time job. She
made $4298.60 and her Form 1098-T in box 1 has $8474.03 and box 5 has
$9333.00. She has a Pell Grant and Life Scholarship. We purchased a
laptop outside of the school in the amoun...read more
KwinkPosted 5 hours ago
| Latest post 4 hours ago by
Hal_Al
If I pay for Dependent Care for my 11 year old son, who has special
needs, with his ABLEnow account, can I claim the expense as dependent
care when I file my taxes?
Student (freshman undergraduate) received scholarships that covered tax
free expenses (tuition, fees..) and taxable expenses (room, board,
insurance) . The university stated that "student not eligible to receive
form 1098-T". Can student (or parent) ...read more
Hello. I was entering my 1098-T information and was directed to a screen
with two check boxes (a screenshot is attached below). One is asking if
I received tax-free education assistance from an employer, the other is
asking if the aid was already rep...read more