Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
1098T
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
taxu2
Level 5
02-09-2024
12:29 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Taxpayer received 1098T. Box 1 $5360.00. Box 5 $5565.00. His employer pays his school directly. My question is for the reconciliation of Box 1, do I have to put the $5360.00 was not paid during 2023? It obviously taxes all at income at that point, but I didn't know since school paid and not him if I had to put not paid. Just wasn't sure how to handle this correctly. TIA
