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maura6522
New Member

Would my T-1098 box #1 be blank if i had student loans?

 
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DexterS
New Member

Would my T-1098 box #1 be blank if i had student loans?

Yes, quite possibly. 

Box 1 is "Payments Received"

Box 2 is "Amount Billed"

It's quite common to see amounts in Box 2 and nothing in Box 1.

What you are allowed to take credit for is the amount you paid, even if you used money you borrowed.

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1 Reply
DexterS
New Member

Would my T-1098 box #1 be blank if i had student loans?

Yes, quite possibly. 

Box 1 is "Payments Received"

Box 2 is "Amount Billed"

It's quite common to see amounts in Box 2 and nothing in Box 1.

What you are allowed to take credit for is the amount you paid, even if you used money you borrowed.

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