2230984
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

My college son received a scholarship starting in August of 2020. The systems is saying that I can't claim him his expenses for the first part of the year. Why not?

We paid for the first part of the years tuition and the scholarship paid for the fall semester. We want to claim the spring semester but the system is saying we don't qualify. Can you please assist?
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Hal_Al
Level 15

My college son received a scholarship starting in August of 2020. The systems is saying that I can't claim him his expenses for the first part of the year. Why not?

It depends on when did you pay the expenses for the first part of the year. If you paid it in 2019, you cannot claim it on your 2020 tax return. 

If you paid in 2020, and that amount is not showing in box 1 of the 1098-T;  you claim the tuition credit, based on your own financial records, not the 1098-T. In the 1098-T screen, click on the link "What if this is not what I paid the school" underneath box 1. You will then be able to enter the actual amounts paid. 

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question