My college counts tuition in box 1 based on when it was billed (e.g Dec 2018) and not when it was paid (Feb 2019). Can i include the tuition paid on my tax return even thought my 1098T shows $0? Since I am a tax payer on a cash basis, I think the amount should be what I paid in 2019 and I used 529 money to cover the cost of the tuition.
Yes, you can enter the amount you actually paid for Education Expenses if your 1098-T is not correct.
Check the box that says 'this is not the amount I actually paid to the school' (screenshot).
Save your receipts.
Hello.
I made a mistake on entering my 1098-T box 1 #. I need to select the "what is this is not what this person paid to the school". I cannot get back to that screen, though. I just get a "you dont qualify for this credit" message. Please help me get back to the screen where I enter 1098-T information.
Try these directions to get back to the 1098T:
For more information about Education expenses and credits click here.