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Get your taxes done using TurboTax
If you paid in 2020 for classes that started within the first three months of 2021, and the school did not reflect that payment in box 1 on the 2020 1098-T, use the "This is not what I paid" link under Box 1 on the 1098-T screen and enter the adjusted total.
NEXT year, you may need to compensate by doing the same thing only SUBTRACTING the same amount from Box 1.
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March 7, 2021
8:44 PM