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1098-t question regarding Financial Aid
I was wondering if i could enter the information on the form that i received from my school. I received staffed loans through financial aid. Am i still qualified to receive the Federal Tax Credit?
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May 31, 2019
10:47 PM
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Education
If you received a form 1098-T, you must include it in your tax return. You must include all tax forms you receive in your tax return.
To enter your 1098-T, click on "Federal Taxes" > "Deductions & Credits" > scroll down to "Education" and click start next to "Expenses and Scholarships (Form 1098-T).
You may still get the education credit, but by going through the program, TurboTax will guide you and let you know if you do qualify for the education credit.
May 31, 2019
10:47 PM