topic Tution statement in Business & farm

Tution statement

rboring21 — Sat, 01 Jun 2019 07:42:46 GMT

I am having trouble with the educational expenses. I received money from a scholarship. However, all this money went directly to tuition. It is not letting me put in the tuition and is trying to say I owe a bunch of federal taxes because of it. How do I show the tuition as an expense?

You are not eligible for any education credit if all your...

Texas Roger — Sat, 01 Jun 2019 07:42:46 GMT

You are not eligible for any education credit if all your qualified expenses were paid with scholarships. What are the amounts in box 1 and box 5 of your 1098-T? You should be able to enter these amounts directly into TurboTax in the 1098-T section. Are you saying you can't enter them? Are you claimed as a dependent by someone else?

If you have not filed, to enter tuition expenses, here ar...

LinaJ2018 — Sat, 01 Jun 2019 07:42:47 GMT

If you have not filed, to enter tuition expenses, here are the steps (online):

Sign in to your account and select Take me to my return
At the right upper corner, in the search box, type in 1098t and Enter
Select Jump to form 1098T
On screen, "Do you want to enter your higher education expenses?" answer Yes.
Follow prompts

If your scholarship income covers all your tuition, you will not qualify for an education credit, but at least you should not owe any taxes for that.