Hello,
I'm trying to enter my child's information from his 1098T.
Box 1 is 26,107.13
Box 2 is 13,060.48
Box 3 is 13,046.65
TurboTax is refusing to allow me to enter those numbers, with the error message,
You'll need to sign in or create an account to connect with an expert.
The workaround, and the best course of action, is to round to whole dollars. The IRS does not want cents on a tax return. They want all entries rounded to whole dollars. Form 8863 for Education Credits doesn't even have any place to put cents.
thank you. that is what I will do.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
DBChaser
Returning Member
user17795608635
New Member
ramosrivas
Level 1
margiespino
Level 2
cfrn4
New Member