I entered 1098-T data for Box 1 tuition and Box 5 grants no different than I have done in prior years. Was not expecting to qualify for the education tax break and I did receive the message that I can’t claim the education tax break.
There was no change to the federal return, but the net tuition expense flowed to Line 11 (college tuition deduction) on Schedule Y of my Massachusetts return and Line 15 on Form 1. Thus decreasing 5% Income and less taxes owed. This has never occurred in prior years of using Turbo Tax. It was always $0.
I also compared my ‘23 return to prior years and all education data was entered identical. My tuition payment is less than 25% of adjusted gross income. It’s in my favor, but it doesn’t look right. Does anyone have any suggestions?
