You'll need to sign in or create an account to connect with an expert.
Basically, if you do not pay any out of pocket expenses, you do not qualify for an education credit. You only need to file the Form 1098-T if you are going to claim. If all your expenses are paid or reimbursed by your employer, you do not need to enter the Form 1098-T information. There is no negative impact on your tax return, but save your effort entering the information.
Basically, if you do not pay any out of pocket expenses, you do not qualify for an education credit. You only need to file the Form 1098-T if you are going to claim. If all your expenses are paid or reimbursed by your employer, you do not need to enter the Form 1098-T information. There is no negative impact on your tax return, but save your effort entering the information.
SCAP (starbucks college achievement plan) Is paid for 100% but any tuition over $5250 per semester is taxed as income.
If box 5 of the 1098-T included scholarships other than the employer paid assistance/reimbursement, the answer may be different.
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.
Tax4Krause
Returning Member
Linda1968
Returning Member
nathanwobbe
New Member
messner8000
Level 1
okron38
Level 3