Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
navadie817
New Member

Would I receive a 1098 t form if my financial aid covered my class expenses

 
2 Replies
WillK
Level 9

Would I receive a 1098 t form if my financial aid covered my class expenses

You should. If you have not received one, you should contact your school's financial aid office and inquire about where your form is. If you have not, or will not receive one, Turbo Tax can walk you through how to enter in your expenses. To get to that section of the program:

1. Log in to your account

2. Click on continue my taxes

3. On the left-hand side is the menu bar, click tax tools

4. Click tools

5. Click Topic Search

6. Type in Educaiton expenses 

7. Click go

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Bsch4477
Level 15

Would I receive a 1098 t form if my financial aid covered my class expenses

You receive the form or can get it online from your school. If scholarship is greater than qualified education expenses the difference is taxable income to you. 

Dynamic AdsDynamic Ads
Privacy Settings
v