brittanypod
Level 1
02-14-2025
12:01 PM
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If a taxpayer has a 1098-T and box 5 is larger or equal to box 1 do you just not enter anything into Lacerte? If the taxpayer did not pay anything out of pocket for education they should not get any education credits even if their box 1 has an amount.
I understand additional amounts in box 5 can be taxable and where to enter that amount. My question here is more about box 1 and entering that if box 5 is greater and taxpayer did not pay anything out of pocket. Leave blank?