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This is the first year my child who is my dependent received
This is the first year my child who is my dependent received a 1098 T. We tried to get an understanding from the school but could not. This is for 2017. My child was eligible for a pell grant and paid… read more
Barbara
Barbara
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I am trying to decide if I qualify for the lifetime learning
Hi, I am trying to decide if I qualify for the lifetime learning credit or not I graduated from med school Jun 2016. I have a 1098-T from 2015 that (for some reason) include some of the 2016 tuition/f… read more
Edward Brockschmidt
Edward Brockschmidt
Master of Accounting
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Form 1098-T (tax year 2013) reports $0 in box 2 and
Form 1098-T (tax year 2013) reports $0 in box 2 and substantial amount in box 5. This is due to timing of billing. Billing is done in Dec of previous year for Spring term and scholarships paid in Jan … read more
Lane
Lane
JD, MBA, CFP, CRPS
Doctoral Degree
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My daughter started college in 2012. Her school has always
My daughter started college in 2012. Her school has always included Fall & Spring semester's tuition & her scholarship/aid on the 1098T for that year. This year they only included the the Fall semeste… read more
Stephen G.
Stephen G.
Sr Financial & Tax Consultant
Bachelor's Degree
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My son graduated from college May 2014. His last 1098 T shows
My son graduated from college May 2014. His last 1098 T shows Box 5 = $10550, but Box 2 = $0. The university billed for the Spring 2014 semester in 2013, but we paid the tuition balance in 2014. My ta… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,448 satisfied customers
Form 1098-T shows nothing in box 1 or 2 but $11,190 scholarship
Form 1098-T shows nothing in box 1 or 2 but $11,190 scholarship in 5. I graduated in May 14. My tuition Spring semester of 14 was $15,000 and the scholarship and student loan were both paid and disbur… read more
emc011075
emc011075
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Bachelor's Degree
8,378 satisfied customers
My child received scholarship funding in excess of expenses
My child received scholarship funding in excess of expenses for her final undergrad term - box 5 was greater than box 1 on the 1098-T (university did not combine fall and spring semesters for 1098T - … read more
CFEPro789
CFEPro789
Fraud Analyst
Master's Degree
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I have a couple questions regarding 529 distributions for college
I have a couple questions regarding 529 distributions for college expenses. First question is does the 1099-Q and 1098-T information go on the beneficary return or the parents if they are still claimi… read more
emc011075
emc011075
Tax advisor and Enrolled Agent
Bachelor's Degree
8,378 satisfied customers
I was enrolled in graduate school for fall 2011 and spring
I was enrolled in graduate school for fall 2011 and spring 2012 semester. My school, like many others it seems, charged me the tuition fee for spring 2012 semester in December of 2011 and reported it … read more
Lev
Lev
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Bachelor's Degree Equivalent
30,448 satisfied customers
My daughter graduated in May 2012. We paid her tuition bill
My daughter graduated in May 2012. We paid her tuition bill for the spring semester in December 2011. Her 2012 1098-T shows the amount of her scholarship in box 5, but there is no billed amount in box… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,448 satisfied customers
My daughter received a 1098T for 2012 listing $10,375 in box
My daughter received a 1098T for 2012 listing $10,375 in box 5 as her scholarship or grant but with nothing listed in boxes 1 or 2 for "payments received for qualified tuition" or "amounts billed for … read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,448 satisfied customers
I graduated last year in spring 2011. The tuition and related
I graduated last year in spring 2011. The tuition and related expenses are processed by the university for fall 2010 and spring 2011, in December 2010. However, the scholarships and grants for Spring … read more
PDtax
PDtax
Owner
Master's Degree
9,530 satisfied customers
Hi, My daughter attended a college full time since Fall 2010.
Hi, My daughter attended a college full time since Fall 2010. For Spring 2012 semester, she transferred to a different university for full-time attendance. She could not register for clasees at the ne… read more
Jax Tax
Jax Tax
Senior Tax Attorney
Master's Degree
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This is kind of a question, but I am wondering about paying
Hi! This is kind of a long question, but I am wondering about paying taxes on Pell Grants. It was explained to me that you ONLY had to pay tax on Pell Grant monies received that were OVER your qualifi… read more
rramsook
rramsook
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Bachelor's Degree
136 satisfied customers
Background My daughter was a college student that graduated
Background: My daughter was a college student that graduated in May 2010. She had a full tuition scholarship. Her 2009 1098T showed $4000 billed for tuition in box 2 of the form provided by the univer… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,448 satisfied customers
I was billed tuition in late 2009 for the Spring of 2010 semester.
I was billed tuition in late 2009 for the Spring of 2010 semester. I paid the invoice in 2010. The amount billed was included on the 2009 1098-T. Therefore, my 2010 payments exceeded the tuition & fee… read more
Wendy Reed
Wendy Reed
Master Tax Advisor Enrolled Agent
Master's Degree
2,290 satisfied customers
I received a pell grant in 2008. My school sent my tax statement
I received a pell grant in 2008. My school sent my tax statement which shows the entire amount of the pell grant in 2008, however I only received half of the pell grant from my school in 2008, I recei… read more
RD
RD
Self Employed
Master's Degree
5,572 satisfied customers
Is it possible to claim 05 student tax credit from 04 1098-T form
In 2005 I was a tuition paying graduate student for the first of the year and a full-time employee for the second half of the year. My school filed a 1098-T form in 2004 for all of the 2004-2005 schoo… read more
Wendy Reed
Wendy Reed
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