- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
1098-T Box 7 Discrepancy: Is there an error in Turbotax or with IRS Form 8863 for Education Credits ?
Turbotax asks if Box 7 was checked on the 2019 1098-T which means that Box 1 includes amounts for an academic period beginning January— March 2020.
I answered "YES" but on Form 8863 Education Credits line 22 the IRS form generated by TT prints "Did the student receive Form 1098-T from this institution for 2018 with box 7 checked?". Turbotax checked the "NO" Box on line 22.
Was the 8863 really suppose to say 2019 on line 22 and should Turbotax have checked "YES"?
Topics:
February 2, 2020
6:08 AM