You will enter the form 1098-T in the “Education” section under “Expenses and Scholarships (for 1098-T).” It is in the “Deductions and Credits” section in Turbo, and tax. It does not matter that the form is in your child’s name, as long as he was your dependent.
Where do I add my 1098-t on turbotax?
Open (continue) your return in Turbo. Tax, if it’s not already open. In the search box at top right enter 1098-T and then click the Jump to 1098-T link in the search results. Answer Yes to Do you want to enter your higher education expenses?
To enter your Form 1098-T in Turbo. Tax Online for the current tax year (2019), please follow these steps: Search for 1098T and select the Jump to link at the top of the search results. Answer any education questions that pop up (enrollment status, name of school, and so forth). At the ” Did you or your dependent (s) get a 1098-T?”.
Here’s how to enter your 1099-R in Turbo. Tax: Open (continue) return if you don’t already have it open., inside turbo Tax, search for 1099-R and select the Jump to link in the search results. Answer Yes on the Did you get a 1099-R?, and screen. If you land on the Your 1099-R Entries screen instead, select Add Another 1099-R.
Where do I enter Form 1098-T in the TurboTax mobile app?
If you received a 1098-T and you weren’t reimbursed by your employer, you can enter that info in the mobile app.
How do I add or edit my 1098-T?
On the next screen, you can choose how you’d like to add your 1098-T. You can upload a digital copy from your computer or type it in yourself. Select which option you’d like and Continue. Select Edit to revisit the 1098-T for a previously-entered school or Add New School to enter a new 1098-T.
Tuition-paying students at eligible colleges or other post-secondary institutions should receive a copy of Internal Revenue Service Form 1098-T from their school each year.
How do I edit a 1098-T for a student?
Answer any education questions that pop up (enrollment status, name of school, and so forth). If you land on the Education Expenses Summary screen, click or tap Edit next to the student in question, then edit the Tuition item. At the Did you or your dependent (s) get a 1098-T? Screen, answer Yes and continue.
This is what I stumbled across. If someone else pays such expenses on behalf of the student (like a parent), the student still gets “credit” for them and receives the 1098-T. Schools must send the form to the student by January 31 and file a copy with the IRS by February 28. Education expense reporting and the Form 1098-T have been updated over the years 2017, 2018, and 2019.
How do I fill out a 1099-S form?
Here’s how to enter the form: 1 Open or continue your return. 2 Type sale of home in the Search box. 3 Select the Jump to link in the search results. 4 Follow the screens to enter the info from your 1099-S.
Where do I Find my 1099-g for state income tax refund?
If you have a 1099-G for state income tax refund, follow these steps. With your return open in Turbo. Tax, search for 1099-G or 1099-g and then click the “Jump to” link in the search results. Make sure to include the dash in your search, or you’ll end up on the unemployment/paid family leave screen.
This of course begs the inquiry “Where do I enter a 1099-S for sale of home?”
If the 1099-S was for the sale of your main home, it’s reported under Less Common Income in the Wages & Income section. Here’s how to enter the form: Open or continue your return. Type sale of home in the Search box. Select the Jump to link in the search results.
Do I have to file 1098-T if my student is a dependent?
Parents: If the student listed on the 1098-T is your dependent, enter the 1098-T on your return – even if your dependent paid the tuition. Students: If you’re not being claimed as a dependent, you can enter the 1098-T on your return regardless of who paid the tuition unless it was your employer.