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Get your taxes done using TurboTax
Well this has had the most helpful answers I’ve seen on the subject (the recommended answer) I am in the opposite boat of this situation.
My son started college fall 2018, tuition for college was 20700$ A semester He received grants for 8875 a semester, and I pay just over 12000 a semester.
The 1098-T shows I paid 12000, but we received 17500 in grants, half of which does not apply till 2019. My bill was paid 1/9/2019. So even though I am actually paying over 50%, 1098 t says I am not due to a coupe of days in distribution.
Therefore no college credit, no breaks, and a frustrated me.
My son started college fall 2018, tuition for college was 20700$ A semester He received grants for 8875 a semester, and I pay just over 12000 a semester.
The 1098-T shows I paid 12000, but we received 17500 in grants, half of which does not apply till 2019. My bill was paid 1/9/2019. So even though I am actually paying over 50%, 1098 t says I am not due to a coupe of days in distribution.
Therefore no college credit, no breaks, and a frustrated me.
June 3, 2019
5:45 PM