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

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

mawrabn
New Member

Do I claim my 2018 tuition (paid in 2017) and scholarships (earned in 2017 but applied to Spring semester 2018) in my taxes now?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Best answer

Accepted Solutions
georgesT
New Member

Do I claim my 2018 tuition (paid in 2017) and scholarships (earned in 2017 but applied to Spring semester 2018) in my taxes now?

Yes, you may claim education credit in your 2017 taxes.

In general,  a Form 1098-T  will reflects the 2018 Spring semester fees being paid in the Fall semester of 2017.  Per IRS, you are allowed to claim the credit or deduction for the 2018 tuition paid amount shown on the 2017 Form 1098-T in the tax year of 2017 as if the 2018 spring semester began in 2017. 

See IRS requirements below:

https://ttlc.intuit.com/replies/3300629


View solution in original post

2 Replies
georgesT
New Member

Do I claim my 2018 tuition (paid in 2017) and scholarships (earned in 2017 but applied to Spring semester 2018) in my taxes now?

Yes, you may claim education credit in your 2017 taxes.

In general,  a Form 1098-T  will reflects the 2018 Spring semester fees being paid in the Fall semester of 2017.  Per IRS, you are allowed to claim the credit or deduction for the 2018 tuition paid amount shown on the 2017 Form 1098-T in the tax year of 2017 as if the 2018 spring semester began in 2017. 

See IRS requirements below:

https://ttlc.intuit.com/replies/3300629


Do I claim my 2018 tuition (paid in 2017) and scholarships (earned in 2017 but applied to Spring semester 2018) in my taxes now?

In reverse, I have a client who was billed in Dec 2016 and was billed to her "credit plan"  for 2017 Tuition. Can I take the credit in 2017?

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question