1098-T box 1 amount shows combined payments for tu...
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JMuldoon
Level 1

1098-T box 1 amount shows combined payments for tuition and on-campus housing

How should I handle this situation within Turbotax?  When entering the 1098-T form information in TurboTax, should I reduce the box 1 amount by substracting the payments made for on-campus housing?  Any help would be greatly appreciated. Thanks.

2 Replies
KrisD15
Expert Alumni

1098-T box 1 amount shows combined payments for tuition and on-campus housing

Yes, please select "This is not what I paid to the school" under Box 1 on the 1098-T input screen and enter the adjusted number reflecting tuition only. 

 

Later you may report the room and board if it relevant (to offset a 529 distribution for example). 

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Hal_Al
Level 15

1098-T box 1 amount shows combined payments for tuition and on-campus housing

You should report this error to the school.  You don't need to to file your taxes.

 

But that so wrong that it's hard to believe a school would make that kind of mistake.  There may be something else going on here.

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