There’s no doubt about it, education tax benefits can make a huge
difference in your refund. The American Opportunity Tax Credit (AOTC)
typically offers the largest tax break. But if you don’t qualify for
that, there’s always the Lifetime Learning Cr...read more
My granddaughter has $4,004.90 payments on line 1 of 1098-T. She also
has $1,675.00 on line 5 of 1098-T. Her wages, tips and other
compensation on her W-2 line 1 is $14,898.00. Her father will be
claiming her as a dependent and he paid for her tuitio...read more
gdjonesPosted 3 hours ago
| Latest post 3 hours ago by
Hal_Al
I no longer see the question in the "Personal Info" section of the
interview, pertaining the student status.. Also, you can no longer clear
nor delete the People wks. form in TT Desktop version.
the step-by-step form for the 1099-Q brings you to Box 6. The question
is worded twice. Once where you would answer Yes. And once where you
would answer No.=======================Box 6: Is the recipient of the
distribution the designated beneficiary?...read more
gjolyPosted February 1, 2026
| Latest post 7 hours ago by
RachelW33
Hello,Where/ how in TT to report Felowship stipend for graduate student.
The university was not sending out w2 or any form as it considered an
award, not pay.
I am preparing my sons taxes, he claims himself on a single filer
return. He paid the spring 2025 tuition 12/27/2024 out of a college
advantage account directly to the university. Therefore, he did not get
a 1099-Q in 2025. In 2024 the university 109...read more
earllaPosted yesterday
| Latest post yesterday by
Hal_Al
It allows books and supplies to be entered if charged by the
institution, and indicates other expenses can be entered later, but it
never then prompts for other expenses before moving out of the 1098-T
and 1099-Q sections in the online version.
Slobo1Posted January 30, 2026
| Latest post yesterday by
vasto7
I worked full time teaching last year so the grant does not exceed my
income. Still, is this something I need to claim as income if it is a
grant? I have heard multiple advices...some people say yes and some
people say no, claim it as a scholarship?