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Form 1098-t box 1 and box 2 both have the same value on my tuition statement. what can i do to continue?
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Form 1098-t box 1 and box 2 both have the same value on my tuition statement. what can i do to continue?
Schools can report a student's qualified expenses one of two ways: based on how much the student actually paid during the year, or based on how much the school billed the student during the year. If the school reports the amount paid, it puts that figure in Box 1 of the form. If it reports the amount billed, it does so in Box 2.