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Do I have to claim for 1098-T on my income tax? Or is it my choice whether I can claim this?
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Do I have to claim for 1098-T on my income tax? Or is it my choice whether I can claim this?
No if you do not want to claim the Education credits you do not have to enter the 1098-T information unless you have scholarship income, it must be reported on your tax return. I recommend keeping a copy of it so if you change your mind (you have 3 years) you can always amend to get the credits.
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Do I have to claim for 1098-T on my income tax? Or is it my choice whether I can claim this?
No if you do not want to claim the Education credits you do not have to enter the 1098-T information unless you have scholarship income, it must be reported on your tax return. I recommend keeping a copy of it so if you change your mind (you have 3 years) you can always amend to get the credits.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
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