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Level 2
March 23, 2020
Solved

1098-T for 2018

  • March 23, 2020
  • 1 reply
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My 1098-T from 2018 had my summer 2018, fall 2018, and spring 2019 semesters listed. I received tuition reimbursement for all these semesters, fall 2018 and spring 2019 reimbursements weren't until 2019. My spring 2019 tuition was also paid for in 2019. How do I go about putting this on my tax forms? My preparer from last year said they cancel each other out and don't need to be listed. I should add my tuition reimbursement shows up in my wages. So actually double checked and it does not- If my tuition reimbursement is not reported in my wages on my w-2 do I need to file it under the education portion where it asks about employer assistance? 

    Best answer by AmyC

    Correct, all of your 2019 qualified expenses must be greater than scholarship otherwise, the difference goes in with your wages.

    If your 2018 1098-T has tuition greater than scholarships, you will want to amend your 2018 return and claim the education credit.

     

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    1 reply

    AmyC
    AmyCAnswer
    Level 15
    March 23, 2020

    Correct, all of your 2019 qualified expenses must be greater than scholarship otherwise, the difference goes in with your wages.

    If your 2018 1098-T has tuition greater than scholarships, you will want to amend your 2018 return and claim the education credit.

     

    Related:

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    Level 2
    March 23, 2020

    If my tuition reimbursement is not reported in my wages on my w-2 do I need to file it under the education portion where it asks about employer assistance? 

    AmyC
    Level 15
    March 23, 2020

    Sorry! Got it, employer assistance. Yes, you do need to go through that section. Please see this article for complete help, Solved: How to tell if Employer Provided Tuition Assistance is ...

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