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Has turbo tax updated its rules for 1098t

 
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KrisD
Intuit Alumni

Has turbo tax updated its rules for 1098t

Yes, TurboTax is current, unfortunately many schools are not. 

The IRS requires that Box 1 be reported on the 1098-T. 

The Tuition and Fees Deduction is no longer available. 

If you have any other specific concerns, please feel free to ask a more detailed question. 

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1 Reply
KrisD
Intuit Alumni

Has turbo tax updated its rules for 1098t

Yes, TurboTax is current, unfortunately many schools are not. 

The IRS requires that Box 1 be reported on the 1098-T. 

The Tuition and Fees Deduction is no longer available. 

If you have any other specific concerns, please feel free to ask a more detailed question. 

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