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at410
New Member

Does box 7 of 1098T form effect tax refund if box 7 wasn't checked off for 2019, and after filing 2020 tax return university sent corrected 1098T that has box 7 checked?

 
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1 Reply
Hal_Al
Level 15

Does box 7 of 1098T form effect tax refund if box 7 wasn't checked off for 2019, and after filing 2020 tax return university sent corrected 1098T that has box 7 checked?

It doesn't usually mean anything because you are allowed to claim, for the tuition credit,  what you paid, in 2020,  whether it was for 2020 or the first term of 2021.

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