Yes,
you CAN file your tax return without the 1098-T information. However, it may not be in your best interest to do so. Entering in the 1098-T data will enable you
to find out if you qualify for certain higher education credits (ex: American
Opportunity Tax Credit and the Lifetime Learning Credit). If you qualify for these credits, it could positively impact your tax return and your
refund.
If
you do
choose to file your tax return without the 1098-T information, you would then
want to consider amending the return
later in order to try to capture the benefits of the higher education
credits.
The best course of action is to wait until all of your tax forms are ready
and then file your tax return then. You
can get started with your TurboTax
interview today and then choose to “Save
and Sign Out”. When your 1098-T is
ready, you can sign back in to your TurboTax account and finish and e-file your
tax return.
If you’d like to learn more about the
1098-T form, tax deductions and credits
available to families, please refer to the links provided below.
https://turbotax.intuit.com/tax-tools/tax-tips/IRS-Tax-Forms/Guide-to-Tax-Form-1098-T--Tuition-State...
https://turbotax.intuit.com/tax-tools/tax-tips/Tax-Deductions-and-Credits/The-5-Biggest-Tax-Credits-...
