When will the issue with form 1098t be fixed?

[Anonymous]

I can't even input the data for the 1098T.  

[Anonymous]

When I search "Where to add 1098T", the link takes me to the

"Now Let's Gather Your Additional Education Expenses" page.

[LinaJ2020]

Here are the steps to enter your Form 1098-T information:

In TurboTax online,

• Sign in to your account, select Pick up where you left off
• At the right upper corner, in the search box, type in "1098t" and Enter
• Select Jump to 1098t
• On the screen, Now Let's gather XYZ's Additional Education Expenses
• Follow prompts
• Next screen, Your Education Expenses Summary, select Edit
• Next screen Here's Your Education Summary, under Tuition, select Edit to enter tuition information
• See the images below.

@Anonymous

[Michaeam2]

Yes I am having almost the same problem  - program says my son does not qualify and Numbers don add up, if i fill out form 8663 it says my son does qualify for education credit.  can't get any information on this issue   also other forms are messed up with bad information

[JotikaT2]

Try this and see if this helps.  I understand some steps may be repetitive but it should fix whatever is going on and let you update your return. 

1. Go to the input section for the 1098-T. 
2. You will probably skip to the section titled books and supplies.  Just continue as you probably will not be able to enter any information here.  Just continue through the screen. 
3. Do Not enter any scholarship amounts when it asks if the scholarship is listed in Box 5 of the 1098-T.  We want to avoid potentially doubling up any input already made.  Hit continue instead. 
4. Continue through all the screens. 
5. You may get a message which says you can't maximize because there are no expenses.  Just select continue until it takes you back to the Wages & Income screen. 
6. Now, Go back into the Education Credit section. 
7. Select Edit next to the student. 
8. It will ask you if you had an education credit and show you the summary. 
9. Select Edit to the right of Tuition. 
10. It will ask you if you received a 1098-T.  Select Yes and continue. 
11. The next page should show you your input on the 1098-T. 
12. Continue through the screens 

This should eventually take you to the screen showing which deduction you can take. 

After you pass this screen, run a review.  The issue should resolve itself allowing you to continue with your return.

[Aksmorrison]

I am having a problem with the 1098T in that when the amount carries forward the system is not reducing the Scholarship amount by the scholarship amount paid out to the university. Consequently the full scholarship amount is adding into taxable income on the 1040 and other forms. Which of course increases taxes.

I can get around it by just entering the net on the 1098T but I shouldn't have to do that!!!

It worked fine last year!!

[MaryM428]

Use the Chrome browser, not the app
Click the three dots in the upper right corner
Select Settings

Privacy and Security

Clear browser data for all time

Then sign in to TurboTax on the Chrome browser
 
Go to Tax Tools, Tools, Delete a Form and delete Form 1098-T for the school and delete the Education and Fees Summary
Go to the program
Federal
Deductions and Credits

Education
1098-T
Delete the student

Then enter the 1098-T again for the student

Sometimes computer browsers will retrain old data and overwrite the updates.   
 

To qualify for the American Opportunity Credit, your 2020 modified adjusted income or MAGI can't exceed $90,000 ($180,000 if filing jointly).

For the Lifetime Learning Credit, your 2020 MAGI can't exceed $69,000 ($138,000 if filing jointly).