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800785
can i deduct the almost $45,000 spent, without a 1098-T?
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You would enter your education expenses in the Education section and here are the steps:
( Please make sure your school is an eligible institution, click here: Foreign schools and that you meet the exceptions for not providing the Form 1098-T)
In TurboTax online,
Note: Originally, the Tuition and Fees deduction was suspended by the end of 2017. However, it has come back.
On December 20, 2019, President Donald Trump signed into law the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (the Act). The new legislation retroactively resurrects and extends this tax break along with other extenders including individual and business federal income tax breaks. Therefore, you are allowed to claim this deduction for the year 2018, 2019 and 2020. For details, click here: Tuition and Fees deduction
[Edited 3/9/2020 | 5:44PM]
You would enter your education expenses in the Education section and here are the steps:
( Please make sure your school is an eligible institution, click here: Foreign schools and that you meet the exceptions for not providing the Form 1098-T)
In TurboTax online,
Note: Originally, the Tuition and Fees deduction was suspended by the end of 2017. However, it has come back.
On December 20, 2019, President Donald Trump signed into law the Taxpayer Certainty and Disaster Tax Relief Act of 2019 (the Act). The new legislation retroactively resurrects and extends this tax break along with other extenders including individual and business federal income tax breaks. Therefore, you are allowed to claim this deduction for the year 2018, 2019 and 2020. For details, click here: Tuition and Fees deduction
[Edited 3/9/2020 | 5:44PM]
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