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What is 1098-T?

Is 1098-T a form of income when we fill out the taxes?
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2 Replies
MinhT1
Employee Tax Expert

What is 1098-T?

Form 1098-T is a tuition statement issued by eligible educational institutions to students. It reports tuition paid and scholarships received. It is used to determine eligibility to education credits such as the American Opportunity Tax Credit (AOTC) or the Lifetime Learning Credit (LLC).

 

For more information, please read this TurboTax article.

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Hal_Al
Level 15

What is 1098-T?

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