1098-T form

[jf100]

Where do I enter the information from my 1098-T form? I received less money in scholarships (box 5) than I paid in tuition and expenses (box 1), where do I enter those numbers?

[DanaB27]

Please follow these steps:

1. Login to your TurboTax Account 
2. Click on "Search" on the top right and type “1098T”
3. Click on “Jump to 1098T”

[Hal_Al]

In TurboTax (TT), enter at:

Federal Taxes Tab (Personal for H&B version)

Deductions & Credits

-Scroll down to:

--Education

  --Education Expenses

There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't eligible. A full time unmarried student, under age 24, even if you don't qualify as a dependent, is only eligible for the refundable portion of the American Opportunity Credit if he supports himself by working. You cannot be supporting yourself on parental support, 529 plans or student loans & grants. You usually must have actually paid tuition, not had it paid by scholarships & grants.  It is usually best if the parent claims that credit. 

You cannot claim a credit if you are, or can be, claimed as a dependent by someone else.