You'll need to sign in or create an account to connect with an expert.
Housing and/or room and board is not a qualified education expense. Unless you have a 529 plan or something similar, you do not enter anything about your college housing.
Q. Does my college housing costs get entered on my federal return if I live off-campus?
A. No. Room & board (R&B), on or off campus, are not qualified expenses for any educational tac benefits.
There is one exception. R&B are qualified expenses (even off campus, or at home, with limitations) for a distribution from a Qualified tuition plan (QTP), 529 plan, Educational Savings account (ESA) or prepaid tuition plan.
The fact that you are asking about educational expenses suggests that you may be entering them, and a 1098-T, in TurboTax.
Here's a post on the five main points on the 1098-T:
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.
miguel-guerrero105
New Member
texasparry
New Member
mindi-smith
New Member
lagustaf
New Member
kealyrode
New Member