in Education
3695818
You'll need to sign in or create an account to connect with an expert.
Your school is an eligible school for education tax credit. You should receive a 1098-T to enter the data into TurboTax. TurboTax will ask questions to determine what credit and how much you are eligible to receive.
To be eligible for the tuition credits, the course must be taken at "an eligible institution". The school should be able to tell you if it is an eligible educational institution. In general, an eligible educational institution is an accredited college, university, vocational school, or other postsecondary educational institution, including accredited, public, nonprofit, and proprietary (privately-owned, profit-making) postsecondary institutions. Additionally, in order to be an eligible educational institution, the school must be eligible to participate in a student aid program administered by the Department of Education. If they issue a 1098-T they are probably an eligible institution.
Many schools no longer mail out the 1098-T. You obtain it from your school account, on line.
Enter your school at the link below, to see if it's on the dept. of education list.
https://www.savingforcollege.com/eligible-institutions
or
https://ope.ed.gov/dapip/#/home(download)
A form 1098-T was made a requirement for the education credits a few of years ago. However, if you qualify for an exception, you may still claim the education credit, without a 1098-T. If you attended an eligible institution, you most likely qualify for an exception.
After answering no to the question, Did you get a 1098-T, you will be asked if you qualify for an exception. Answer yes and the interview will allow you to enter your expenses.
@joeylawell1234 those items are qualified expenses for the tax credit, assuming all the other requirements are met; however, it is net of any scholarship dollars you may have received.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
joeylawell1234
New Member
in Education
lolipictures
New Member
in Education
mzan123
New Member
in Education
tvo1983
Level 2
in Education
cjbpsu
Level 1
in Education