My Form 1098-T is blak for block 1. Block 2 shows an amount billed. Subsequently When I enter my actual tuition paid, Turbo Tax adds the amount in block 2 of the 1098-T to the actual tuition paid to show a deduction for tuition which is not correct. Would someone please tell me how to correct this? I have tried going back to change my entries but nothing seems to correct the tuition entry. Help?
We have a procedure for this sort of situation, as the Box 2 amounts frequently are not a good approximation of the amount you paid. Please pay particular attention to Step 5, below.
We have a procedure for this sort of situation, as the Box 2 amounts frequently are not a good approximation of the amount you paid. Please pay particular attention to Step 5, below.