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rnyoder
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My daughter's school didn't send a 1098-T because" You received more in financial aid than you incurred in qualified expenses (tuition) in the selected tax year. "

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My daughter's school didn't send a 1098-T because" You received more in financial aid than you incurred in qualified expenses (tuition) in the selected tax year. "

You are not required to enter your 1098-T as it is an informational document.

However, if your scholarships/grants (if any) exceed your  Qualified Education Expenses, you are required to claim the difference as income.

So, you should claim both your financial aid as well as your qualified educational expenses.

If your educational expenses exceed your financial aid, you may qualify for an education deduction or credit.

To enter educational expenses (and financial aid):

  • Click on Federal Taxes (Personal using Home and Business)
  • Click on Deductions and Credits
  • Click on I'll choose what I work on (if shown)
  • Scroll down to Education
  • On Expenses and Scholarships (Form 1098-T), click the start or update button

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