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Education
Q. Is my 1098-T box 8 required to be checked by the issuing institution also?
A. No. Because you were not half time+ in 2023. It's a glitch in the system, that's why TT has the follow up question. Because the 2024 half time+ course work was actually paid for in 2023, you are allowed to claim the AOTC (and check the "at lease half time" box on form 8863).
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 are eligible for a tuition credit
If you claim the tuition credit, you do need to report that you got one, but you claim the tuition credit, based on your own financial records, not the 1098-T.
March 15, 2024
6:08 PM
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