ThomasM125
Expert Alumni

Get your taxes done using TurboTax

The issue is with the amount listed in box 4. It represents either a reduction or increase in education expenses reported in a previous year. You will need to find out what the adjustment was and look at your tax return for the year it applies to to determine if it would effect the taxes or education credit in that year. If so, you would need to amend the return in the prior year to report the correct education expense. It will not affect the current year.  

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