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pixie0802
New Member

My 1098-T has box 7 checked. I have an amount in box 2 can I claim the room and board paid in Jan of 2018 on my 2017 taxes

The amount in box 2 represents the tuition paid for Fall semester 2017 and spring semester 2018.  Should my Spring semester 2018 expenses be shown on my 2017 tax form?  If not how do I catch this situation up?

1 Reply
Anita01
New Member

My 1098-T has box 7 checked. I have an amount in box 2 can I claim the room and board paid in Jan of 2018 on my 2017 taxes

Yes, spring semester can be included if you actually paid it in 2017.  After you enter the Box 2 amount, a small field pops up asking how much Tuition was actually paid.  If you didn't pay the full Box 2 amount in 2017, then, when the same Box pops up next year, you'll include the payment for Spring semester.  Room and Board expenses are not eligible expenses for education credits.

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