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Retirement tax questions
You can report the expenses you paid in the tax year for that year and/or the first three months of the following year. Your 1098-T, however, may not reflect the same amount in Box 1. In that case, you would click "This is not what I paid to this school" when entering 1098-T and instead enter the amount of tuition paid. My suggestion is to keep good records of what you pay each year for tuition.
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‎June 27, 2024
2:06 PM