Q Where (what line) does the info from 1098 T show on the 1040?
A. The numbers on the 1098-T don't show on the 1040. The numbers on the 1098-T are use to calculate a
tuition
credit,
or sometimes to calculate taxable
scholarship
. The calculations are done on form 8863.
If a credit is calculated, the non
refundable
portion goes on line 3 of Schedule 3, then Line 20 of Form 1040. The refundable portion goes on line 29 of form 1040 (the American Opportunity Credit
usually
comes in 2 pieces).
If taxable scholarship is calculated, it goes on line 8r of Schedule 1, then line 8 of form 1040.