Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
rayonmills15
New Member

Has turbo tax updated its rules for 1098t

 
1 Best answer

Accepted Solutions
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. 

View solution in original post

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. 

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.46m
Members

2.57m
Discussions

Manage cookies
v