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Get and Sign Instructions 1098 T Form 2014-2022

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Hello, my name is Courtney Haun and I'm a graduate student here at ETSU and today I'llbe giving you frequently asked questions and answers regarding the American Opportunityand Lifetime Learning credits. One frequently asked question is, why did ETSU send a 1098statement to me? ETSU sends a 1098-T form to student with qualified tuition fees andexcess of scholarships and grants. You may also receive 1098-E statement. The 1098-Tis used to report qualified tuition and related expenses that may be eligible for educationcredits. The 1098-E reflects interest paid on your student loan during the tax year.You may be eligible to deduct student loan interest on your income tax return if theinterest payments were made during the first sixty months of the loan repayment. Anotherquestion is, does that mean I'm eligible to claim the amount in box 2 as tax credit? Notnecessarily. There are exclusions. Consult your tax consultant for computing and claimingthe credit. Another qu

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