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Level 2
posted Feb 12, 2020 10:01:23 AM

1098 T and corrected 1098T

I received my 1098 T form from my school on January 31st and filed my tax return on February 1st 2020, then a week later I received a corrected 1098T form from school. They said something with their systems caused many of the forms to contain the wrong figures. The only difference on my form was on like $300 more in box 1 on the corrected 1098T. My question is, will this cause problems with my return and will it cause my refund to be delayed? I know I will need to amend after buy just wondering if it’ll slow my refund down at all? 

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1 Replies
Expert Alumni
Feb 12, 2020 10:20:55 AM

It will not slow your refund at all.  Check to see if you really need to amend.  If you already got the maximum credit, amending won't make any difference.