Hello,
I received a 1098-T form this year and last year, as I was taking college courses. That amount that is on the forms is what the school billed me for. The majority of this amount was covered by my student loans, and I paid a fraction of the cost over the course of the year. When I chose to enter the information on the 1098-T, my refund becomes very large as it seems as though I paid a great deal out of pocket this year for college tuition, when in reality that is the amount that I was billed. What is the best way to handle this? Should I not enter the 1098-T? Should I alter to reflect what I actually paid?
Thank you for your help!
