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College expenses not filling out correctly. Last year my expenses and scholarships were 22,500. This year they came up as 767. My kids have the same expenses.

Last year we had $22,500 in college expenses.  They are almost the same this year but Turbo Tax fills in $767 on the form.  I clicked in the forms format and the education worksheet only lists my daughter and that has this $767 amount.  The number should be close to the same.  Help!

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1 Best answer

Accepted Solutions
maglib
Level 11

College expenses not filling out correctly. Last year my expenses and scholarships were 22,500. This year they came up as 767. My kids have the same expenses.

Go back through the 1098-T interview.  Making sure to say 4 year degree, at least halt time student, etc. After you input the 1098-T (if the amount paid does not match the box on the 1098T make sure you enter the 1098 exactly as shown and there is a pull down box if amounts don't match on the 1098 screen and put in the pull down section with the corrected amount paid, continue the interview and enter all the other expenses, at the end of the interview there is a screen and bottom right is an option something similar to maximize my education credits and make sure you click that.  See if it changes anything.

**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer"
I am NOT an expert and you should confirm with a tax expert.

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1 Reply
maglib
Level 11

College expenses not filling out correctly. Last year my expenses and scholarships were 22,500. This year they came up as 767. My kids have the same expenses.

Go back through the 1098-T interview.  Making sure to say 4 year degree, at least halt time student, etc. After you input the 1098-T (if the amount paid does not match the box on the 1098T make sure you enter the 1098 exactly as shown and there is a pull down box if amounts don't match on the 1098 screen and put in the pull down section with the corrected amount paid, continue the interview and enter all the other expenses, at the end of the interview there is a screen and bottom right is an option something similar to maximize my education credits and make sure you click that.  See if it changes anything.

**I don't work for TT. Just trying to help. All the best.
***Say "Thanks" by marking as BEST ANSWER and clicking the thumb icon in a post and that I solved your question
**Mark the post that answers your question by clicking on "Mark as Best Answer"
I am NOT an expert and you should confirm with a tax expert.
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