turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can I use my 1098-T form to deduct tuition from my taxes if I am using student loans to pay the tuition?

 
1 Best answer

Accepted Solutions

Can I use my 1098-T form to deduct tuition from my taxes if I am using student loans to pay the tuition?

Yes, you can use the Form 1098-T to deduct any educational expenses if it is paid by loans. Form 1098-T will list any grants or scholarships that were used in paying for your tuition as well.

In order to enter this into TurboTax

  • Login to your TurboTax online account
  • Click Take me to my return or pick up where I left off
  • In the search box (located in the upper right hand corner), type the word 1098-T
  • This will take you to the area to enter any education expenses. Enter the 1098-T exactly how it is shown on the form and TurboTax will calculate the appropriate credit.

https://ttlc.intuit.com/replies/3301760

View solution in original post

1 Reply

Can I use my 1098-T form to deduct tuition from my taxes if I am using student loans to pay the tuition?

Yes, you can use the Form 1098-T to deduct any educational expenses if it is paid by loans. Form 1098-T will list any grants or scholarships that were used in paying for your tuition as well.

In order to enter this into TurboTax

  • Login to your TurboTax online account
  • Click Take me to my return or pick up where I left off
  • In the search box (located in the upper right hand corner), type the word 1098-T
  • This will take you to the area to enter any education expenses. Enter the 1098-T exactly how it is shown on the form and TurboTax will calculate the appropriate credit.

https://ttlc.intuit.com/replies/3301760

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v