In the questions that follow entering the form, you'll have the option to tell the software the amounts attributable to last year and the tax will adjust.
If you already entered the form 1098-T, it's best to delete it and then re-enter it. The instructions below will walk you through the entire process:
- Login and click 'Take me to my
return'
- Next,
select the 'Federal Taxes' tab and
then click the 'Deductions & Credits' tab
below it
- Scroll
down to the 'Education' section
and click the blue hyperlink 'Show more'
- Click 'Revisit' next to 'Expenses
and Scholarships (Form 1098-T)'
- The next
screen will ask, "Do you want to enter
your higher education expenses?" click YES
- The next
screen will say, "Your Education Expenses
Summary" click the blue 'Delete' button to delete your prior
entry (and confirm)
- Now, click "Deductions & Credits' tab
at the top of the screen to get out of this section
- Scroll
down to the 'Education' section
and click the blue hyperlink 'Show more'
- Click 'Revisit' next to 'Expenses
and Scholarships (Form 1098-T)'
- The next
screen will ask, "Do you want to enter
your higher education expenses?" click YES
- Now,
you're ready to re-enter your form. Answer the
questions and enter the form.
- After you enter
the form, the meter will go up. That's ok. Keep
answering the questions, which will depend on what you have on your form.
- You'll come to a screen that says "Did
your aid include amounts not awarded for 2016 expenses?" Click 'Yes'
and you'll be able to enter the amount. If the full amount is related to
these expenses, it won't be taxable.
Let me
know if you have questions.
