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

can I file my 1098-T

where do I go to file my 1098-T

Can I claim a tax deduction for college fees paid for my child in 2025?

How do I get to the screen in TT to enter my room and board expenses paid so I can get credit for those against funds I used form my 529

I have a 529 account for my daughter where I am the recipient and she is the beneficiary. I do not qualify for any of the educational credits but need to enter the expenses (room and board) and tuition to show that I didn't over draw on 529 funds in ... read more

why TurboTax does not show "room and Board" for education expense? I have inputed 1099-Q and 1099-T, but the "Room and board" question/section never showed up.

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

how do i enter a form 1098-VLI?

Where do I enter room and board expenses not included in a 1098-T for a dependent college student ?

Turbo tax asks for book and materials, and then says room and board not paid to the university will be entered "later". "Later" never comes. any thoughts?

State of Illinois 529 plans and paying private high school tuition

I have a 529 plan in the state of Illinois (Bright Start). I received a 1099-Q for paying my grandson’s private school tuition. The tuition was sent directly to the high school. The distribution is free from federal income tax. However, the earnings ... read more

Why does my 1098-T claim that I am able to be a dependent on someone else's tax returns when I am not?

I entered all my information correctly but it states I dont qualify because someone else can claim me. I am head of household.

I failed to file 1098 for 2024. Will I be able to file it for 2025?

1098-T question

I could use some help with my 1098-T, specifically box 5. Box 1 shows $6,412 and box 5 shows $270 due to a grant. My employer contributed a total of $6,142. $5,250 were tax free (the school directly billed them) and the remaining $892 was reported on... read more

school district for 66103

I withdrew the balance of my sons 529 account after graduation. How do I enter the earnings portion of this non- qualified 529 withdrawal in turbotax and the 10% penalty?

1098-T for study abroad

My son did a study abroad program at the University of Galway. It was an approved program through his University. We paid for the tuition from his 529 directly to Galway. Since we will not get a 1098-T from Galway, I created one through the exception... read more

Why doesn't turbotax allow me to enter qualified education expenses like room & board? is their a problem with the software?

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.