Do I have to wait for a 1098-T from my college before I can file?

Lil-Cin — Sat, 01 Jun 2019 03:05:10 GMT

If you ask the IRS they would probably say "Yes". Here i...

KrisD — Sat, 01 Jun 2019 03:05:13 GMT

If you ask the IRS they would probably say "Yes".

Here is what the IRS posted as being new in 2016

"For tax years beginning after June 29, 2015, generally tax year 2016 returns for most taxpayers, the law requires a taxpayer (or a dependent) to have received a Form 1098-T from an eligible educational institution in order to claim the tuition and fees deduction, American opportunity credit, or the lifetime learning credit. However, for tax year 2016, a taxpayer may claim one of these education benefits if the student does not receive a Form 1098-T because the student’s educational institution is not required to send a Form 1098-T to the student under existing rules (for example, if the student is a nonresident alien, has qualified education expenses paid entirely with scholarships, or has qualified education expenses paid under a formal billing arrangement). If a student’s educational institution is not required to provide a Form 1098-T to the student, a taxpayer may claim one of these education benefits without a Form 1098-T if the taxpayer otherwise qualifies, can demonstrate that the taxpayer (or a dependent) was enrolled at an eligible educational institution, and can substantiate the payment of qualified tuition and related expenses."

topic Do I have to wait for a 1098-T from my college before I can file? in Education

Do I have to wait for a 1098-T from my college before I can file?

If you ask the IRS they would probably say "Yes". Here i...