My son received 2016 1098-t with box 1 and 2 empty, but he graduated on May 2016. In 2015 1098-t, box 7 is checked which means spring 2016 semester tuition already included. It seems the scholarship amount on 2016 1098-t has not been used, but is reported by the school.
You'll need to sign in or create an account to connect with an expert.
The best thing to do when you have doubts about a tax form is contact the issuer for an explanation. If it is wrong they can issue you a corrected version. Because they sometimes include a next year first semester, the form can get confusing.
You shouldn't alter an official tax reporting form since the IRS also gets a copy and compares figures.You might very well get a letter down the road from them.
The best thing to do when you have doubts about a tax form is contact the issuer for an explanation. If it is wrong they can issue you a corrected version. Because they sometimes include a next year first semester, the form can get confusing.
You shouldn't alter an official tax reporting form since the IRS also gets a copy and compares figures.You might very well get a letter down the road from them.
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.
debiandtim
New Member
rwilsond
Level 3
userid94
New Member
RNathan
New Member
userid94
New Member