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How to deduct tuition payments for study abroad, not reported on student's primary college's 1098-t?
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How to deduct tuition payments for study abroad, not reported on student's primary college's 1098-t?
"The tuition and fees portion of the student abroad program fee is
deemed as qualified tuition for the purposes of determining education
tax credits; however, personal expenses and fees for costs such as
room and board, insurance, medical expenses, transportation and
similar living or family expenses are excluded from the definition of
“tuition and related expense." http://tax.umn.edu/1098t_faq.html
https://ttlc.intuit.com/replies/3302271
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How to deduct tuition payments for study abroad, not reported on student's primary college's 1098-t?
The answer to how do you claim study abroad tuition and fees without a 1098-T in Turbo Tax was not answered. Please address it.
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How to deduct tuition payments for study abroad, not reported on student's primary college's 1098-t?
Go into Expenses and Scholarship 1098-T section of the program. To enter Qualified Expenses:
Name of school, continue
Did you get a 1098-T, No
Do you qualify for an exception and so on.
Fill in education expenses regarding books and materials. Go through the scholarship section
Qualified Expenses come from a Qualified Institution defined by the IRS as:
An eligible educational institution is a school offering higher education beyond high school. It is any college, university, trade school, or other post secondary educational institution eligible to participate in a student aid program run by the U.S. Department of Education.
www.irs.gov › credits-deductions › individuals › earned-income-tax-credit
Eligible Educational Institution - Internal Revenue Service
@woodkaz21 Were your study abroad fees paid to your US college or one not in the US? Not in the US, would not count.
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