TurboTax lets me enter 1099-INT, 1099-DIV, 1099-R etc box-by-box, eliminating the calculation and/or guesswork what amount is taxable and what's not.
I couldn't find however anything that relates to 1098-T. I received this year a 1098-T but I don't know where to enter it in TurboTax.
Where do I find it? How do I enter this information?
Thanks!
The only thing useful on the 1098-T is the box that indicates whether or not the student was at least half-time. The numbers are often bad. You need the student's financial records from the school, the student's expenses, and IRS Publication 970, which explains the various tax benefits available.
Once you know what you're doing on that end, TT Help should probably tell you how to get the information into the system. It will probably be some sort of education expense worksheet. Or you can check Form
8917 or Form 8863 and see what feeds them.Phil Marti VITA/TCE Volunteer
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