1098-T for 2018

[green_apple423]

My 1098-T from 2018 had my summer 2018, fall 2018, and spring 2019 semesters listed. I received tuition reimbursement for all these semesters, fall 2018 and spring 2019 reimbursements weren't until 2019. My spring 2019 tuition was also paid for in 2019. How do I go about putting this on my tax forms? My preparer from last year said they cancel each other out and don't need to be listed. I should add my tuition reimbursement shows up in my wages. So actually double checked and it does not- If my tuition reimbursement is not reported in my wages on my w-2 do I need to file it under the education portion where it asks about employer assistance? 

[AmyC · Accepted solution]

Correct, all of your 2019 qualified expenses must be greater than scholarship otherwise, the difference goes in with your wages.

If your 2018 1098-T has tuition greater than scholarships, you will want to amend your 2018 return and claim the education credit.

Related:

• Why is my scholarship taxable?
• What expenses qualify for the American Opportunity Tax Credit and which ones do not?
• Can I deduct education expenses that were paid with student loans?

[green_apple423]

If my tuition reimbursement is not reported in my wages on my w-2 do I need to file it under the education portion where it asks about employer assistance? 

[AmyC]

Sorry! Got it, employer assistance. Yes, you do need to go through that section. Please see this article for complete help, Solved: How to tell if Employer Provided Tuition Assistance is ...

[green_apple423]

So even if the tuition paid and the tuition reimbursement received were the same, & I have no 1098-T to report for 2019, I still go through this section and report the reimbursement I received through my employer for tuition that was on my 1098-T from 2018? My preparer for 2018 taxes did not report my tuition on my 1098-T

[AmyC]

Okay, getting a clearer picture now. So, the employer reimbursement was less than $5,250 and not reported on your W2 anywhere and no need to account for it. Your 1098-T for 2019 has box 1 greater than box 5? Then you would not need to do anything.

You could only claim expenses greater than the reimbursements for credit.