Qualified expenses include tuition, any fees that are required for enrollment, and course materials required for a student to be enrolled at or attend an eligible educational institution. See Related Links below for more details on the 8863 data entry screen and education credits. Eligible colleges or other post-secondary institutions send Form 1098-T to students who paid 'qualified educational expenses' in the preceding tax year. ĮF Messages 4913, 5969, or 5970 may generate if you do not answer all required questions on the 8863 or 8867 screens. certain other charges are not qualified expenses and are not reported in Box 1 on the 1098-T. An eligible taxpayer may be the student or, if the student is a dependent. If needed, you can enter a detail worksheet ( CTRL + W) to report the amounts from multiple 1098-T Forms received on the line(s):įor help determining which lines and amounts from 1098-T should be entered on Form 8863, see the Instructions for Form 8863. The 1098-T is provided to help eligible taxpayers determine if they are eligible for various education tax benefits. If there are multiple schools attended by the same student, use the Educational Institutions tab on the 8863 screen to enter information for up to five additional institutions. This completes line 22 (and the related information) in Part III of Form 8863 in View mode. Be sure to answer all questions and indicate which education benefit is being claimed for the student (if applicable). Enter details for the school (EIN, Name, address, etc.) on the 8863 screen > Form 8863 tab. In order to calculate the qualified expenses that you can claim, Form 1098-T from your school is needed. 1098-T to the student under existing rules (for example, if the student is a qualified nonresident alien, has certain qualified education expenses paid entirely with scholarships, has certain qualified education expenses paid under a formal billing arrangement, or is enrolled only in courses for which no academic credit is awarded). Enter information from Form 1098-T - Tuition Statement, on screen 8863 for the taxpayer, spouse or dependent.
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