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Jacy, Certified Public Accountant (CPA)
Category: Tax
Satisfied Customers: 568
Experience:  Nine years individual income tax preparation and consulting
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What form do you file a 1098-T and is that income taxable

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What form do you file a 1098-T and is that income taxable?

Jacy :


Jacy :

Form 1098-T is used to help you calculate education credits and or deductions. Only if you receive scholorships or grants in excess of your qualified expenses will there be taxable income.

Jacy :

Form 8863 is used for the education credits.


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