Q. Do I have to file my 1098-t form?
A. No. But, most people want to because of the education tax credit.
The 1098-T is only an informational document. The numbers on it are not required to be entered onto your tax return. However receipt of a 1098-T frequently means you (or your parents, if you are a dependent) are either eligible for a tuition credit or possibly your student has taxable scholarship income (tit usual if box 1 exceeds box 5).
If you claim the tuition credit, you do need to report that you got a 1098-T or that you qualify for an exception (the TurboTax interview will handle this)
