turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Becky431
New Member

SSI and 1098T

I am permanently disabled. The only income I have for 2024 is SSI. I received a 1098 -T because I attended college.  I did not receive a 1099 or 1042-S. My questions are:

Do I need to report the 1098_T?  SSI is the only income I have. I know I dont have to report the SSI but how do I report the 1098-T without an income? 

x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

4 Replies
KrisD15
Employee Tax Expert

SSI and 1098T

What is reported in Box 1 and Box 5 on your 1098-T?

Who paid your education expenses, such as tuition and books?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Becky431
New Member

SSI and 1098T

Box 5 is 1849. Box 1 is 1056

Becky431
New Member

SSI and 1098T

I paid tuition and books

DaveF1006
Employee Tax Expert

SSI and 1098T

Most of the 1098T  reported is scholarship income reported in Box 5. You can't get an education credit unless your tuition and books cost more than $1849. Then, you may get a small education credit if you're eligible for the American Opportunity Credit.

 

If the money you received was just enough to cover your tuition and books, don't report the 1098T since you have no other taxable income to report.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question