topic Re: Incorrect 1098T in Education

Incorrect 1098T

Kelly Hassler — Sat, 07 Mar 2020 03:36:02 GMT

My college counts tuition in box 1 based on when it was billed (e.g Dec 2018) and not when it was paid (Feb 2019). Can i include the tuition paid on my tax return even thought my 1098T shows $0? Since I am a tax payer on a cash basis, I think the amount should be what I paid in 2019 and I used 529 money to cover the cost of the tuition.

Re: Incorrect 1098T

MarilynG1 — Sat, 07 Mar 2020 03:58:21 GMT

Yes, you can enter the amount you actually paid for Education Expenses if your 1098-T is not correct.

Check the box that says 'this is not the amount I actually paid to the school' (screenshot).

Save your receipts.

Re: Incorrect 1098T

7144114 — Sat, 07 Mar 2020 21:10:33 GMT

Hello.

I made a mistake on entering my 1098-T box 1 #. I need to select the "what is this is not what this person paid to the school". I cannot get back to that screen, though. I just get a "you dont qualify for this credit" message. Please help me get back to the screen where I enter 1098-T information.

Re: Incorrect 1098T

DeanM15 — Sat, 07 Mar 2020 21:50:16 GMT

Try these directions to get back to the 1098T:

You should be signed in and working in TurboTax
Click on Federal in the left-hand black menu
Then click on Deductions and Credits
You may have to click on More Deductions and Credits
Scroll down to Education, click on Show More
Click on Expenses and Scholarships (1098T)
A couple of screens in click Add a Student
Answer the questions on the following screens until you come to Your Education Expenses Summary
Next to the name of the student, click on Edit
Next to the name of the school click Edit

For more information about Education expenses and credits click here.