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.

I paid tuition out of pocket last year. Where do I enter that?

The cashiers office at my school told me that my 1098-T only shows what was billed to me, not what was paid. I have account information through my school and bank that shows how much I paid for tuition out of pocket. But also my 1098-T is showing that the amount in box 2 includes amounts for an academic period starting in January 2017. I know my 2017 tuition wasn't paid at all in 2016, so I'm really confused why it's being recorded for 2016. So my question is where exactly do I record my out of pocket tuition payment? And should I leave the box 2 amount as is or should I change it to what I paid for that 2016 semester, including loans, scholarships, and out of pocket?
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 Reply
KrisD
Intuit Alumni

I paid tuition out of pocket last year. Where do I enter that?

Enter the 1098-T as the school reported it. Under Box 2 on the 1098-T screen click the link that asks "What if this is not what I paid to the school?" and enter what was paid in 2016. This includes scholarships, grants, loans, gifts, and cash.

(Please see screen shot below)

Keep a copy of your school account statement and the 1098-T with your tax file.

Next year you may need to refer to the 2016 1098-T if classes for 2017 were billed on the 2016 1098-T, but will be paid in 2017.

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question