Video: Guide to IRS Form 1098-T Tuition Statement
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Video: Guide to IRS Form 1098-T Tuition Statement
If you have education-related expenses, you can use your 1098-T form to report qualified education expenses paid during the year to see if you qualify for a tax credit or deduction. You'll receive a copy of Form 1098-T in the mail if you have qualified education expenses. Check out this video to learn more about the 1098-T form and education ...
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**Do you or your dependents REALLY qualify for education credits?** Before you file, take a minute to understand what qualifies and what doesn’t. Just because you got a 1098-T doesn’t mean you automatically qualify! Here’s what matters: - Who paid the tuition? - What was it used for? - Was it covered by grants or scholarships? - Are you claiming the right student? **Don’t leave money on the table OR risk an audit.** Let a pro break it down for you the right way. **File smart. File with Xpert Tax
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