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 Turbotax 1098t for Reimbursement 2018

1098 T Instructions 2018-2025 Form

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Instructions and help about 1098 t 2018

[Music] Student Financial Services wants to make you aware of a significant Internal Revenue Service or IRS mandate a change to the 1098-t tax form beginning with tax year 2018 let's review the 1098-t form and the upcoming changes together the 1098-t is a tax form for all students with qualified tuition and educational expenses paid during a calendar year the purpose of the form is to help identify eligibility for educational credits as determined by the IRS let's review the 2017 1098-t form so that you can better understand the changes for the 2018 form in box one we see the amount of payments received for qualified tuition and related expenses less any refunds or reimbursements in box two the amounts billed for qualified tuition and related expenses is displayed in box five the amounts received and scholarships and grants is displayed in box six the amounts for adjusted scholarship in grants for a prior year is displayed box seven will be checked if the amount in box

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