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I received my 1098t form and I clicked it when I filed but when I check it says no . And I feel that might have stopped me from getting more since I was in school fulltim

My taxes have already been filed I use my form when I filed but my hard copy after file says I didn’t have it
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Accepted Solutions
Hal_Al
Level 15

I received my 1098t form and I clicked it when I filed but when I check it says no . And I feel that might have stopped me from getting more since I was in school fulltim

If you are eligible, you have answered  something wrong, in the interview. But, a lot of people are just not eligible.  If you are eligible, you will have to file an amended return to claim it.  Wait for your original return to be fully processed (you get your refund) before amending. 

How to amend https://ttlc.intuit.com/questions/1894381-how-to-amend-change-or-correct-a-return-you-already-filed

 

There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't eligible. A full time unmarried student, under age 24, even if you don't qualify as a dependent, is only eligible for the refundable portion of the American Opportunity Credit if he supports himself by working. You cannot be supporting yourself on parental support, 529 plans or student loans & grants. You usually must have actually paid tuition, not had it paid by scholarships & grants.  It is usually best if the parent claims that credit. 

You cannot claim a credit if you are, or can be, claimed as a dependent by someone else. There is an exception, for the non refundable credit.

Reference: Line 7 instructions for form 8863. https://www.irs.gov/instructions/i8863

 

See Also see this TT FAQ https://ttlc.intuit.com/questions/3383321-why-didn-t-i-get-a-credit-or-deduction-for-education-expen...

 https://www.irs.gov/Individuals/AOTC

https://www.irs.gov/newsroom/american-opportunity-tax-credit-questions-and-answers

https://www.irs.gov/credits-deductions/individuals/education-credits-questions-and-answers

 https://www.irs.gov/individuals/llc

https://ttlc.intuit.com/community/college-education/discussion/i-have-a-1098-t-form-that-i-received-...

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1 Reply
Hal_Al
Level 15

I received my 1098t form and I clicked it when I filed but when I check it says no . And I feel that might have stopped me from getting more since I was in school fulltim

If you are eligible, you have answered  something wrong, in the interview. But, a lot of people are just not eligible.  If you are eligible, you will have to file an amended return to claim it.  Wait for your original return to be fully processed (you get your refund) before amending. 

How to amend https://ttlc.intuit.com/questions/1894381-how-to-amend-change-or-correct-a-return-you-already-filed

 

There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't eligible. A full time unmarried student, under age 24, even if you don't qualify as a dependent, is only eligible for the refundable portion of the American Opportunity Credit if he supports himself by working. You cannot be supporting yourself on parental support, 529 plans or student loans & grants. You usually must have actually paid tuition, not had it paid by scholarships & grants.  It is usually best if the parent claims that credit. 

You cannot claim a credit if you are, or can be, claimed as a dependent by someone else. There is an exception, for the non refundable credit.

Reference: Line 7 instructions for form 8863. https://www.irs.gov/instructions/i8863

 

See Also see this TT FAQ https://ttlc.intuit.com/questions/3383321-why-didn-t-i-get-a-credit-or-deduction-for-education-expen...

 https://www.irs.gov/Individuals/AOTC

https://www.irs.gov/newsroom/american-opportunity-tax-credit-questions-and-answers

https://www.irs.gov/credits-deductions/individuals/education-credits-questions-and-answers

 https://www.irs.gov/individuals/llc

https://ttlc.intuit.com/community/college-education/discussion/i-have-a-1098-t-form-that-i-received-...

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