You'll need to sign in or create an account to connect with an expert.
Yep, there is no box 2 (amount billed by the educational institution) figure allowed on the 1098T form this year.
To obtain any educational credits, you must report what you PAID in 2018, not what you were billed. The school is required to report only the amount actually received. There is no change regarding the rules for obtaining an education credit, just a change in what the schools are required to report.
Yep, there is no box 2 (amount billed by the educational institution) figure allowed on the 1098T form this year.
To obtain any educational credits, you must report what you PAID in 2018, not what you were billed. The school is required to report only the amount actually received. There is no change regarding the rules for obtaining an education credit, just a change in what the schools are required to report.
if the form you got shows an amount in box 2 it's an outdated form. you need to get a current year form from the institution. failure to do so can result in your return being accepted by the IRS followed by a letter denying tuition credits. because box 2 does not exist on 2018 forms, most likely the IRS computers would ignore box 2 when submitted by the institution.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
larockmanhere
Returning Member
Irasaco
Level 2
chelsea23320
New Member
joshuaB
New Member
lensnel
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.