Client paid 2018 college tuition end of 2017, Form 1098-T received was blank. Can I adjust Form 1098-T?

[TaxGuyBill · Accepted solution]

You can use the amount actually paid during the year for purposes of calculating the education credits.

If you are preparing the 2018 tax return and nothing was paid in 2018, the 1098-T seems to be correct because $0 was paid.

[grossie]

TaxGuyBill, Yes, nothing was paid in 2018; but, $ 8,000 was paid in late 2017 for Jan 2018 semester.   I never encountered this situation.

[TaxGuyBill]

If it was paid in 2017, then the $8000 could be used on the 2017 tax return, not the 2018 tax return.

[grossie]

Thanks you, Bill

[TaxGuyBill]

You are welcome.

[Sashaa]

I have a situation similar to this stream where my client has a 2019 1098-T with $0.00 in Box 1 and $34,563.00 in Box 5.  She paid $35,101.00 in tuition in late December 2018, and received the scholarship in Jan 2019.  She did not have a filing requirement in 2018.  in 2019, she also had a job, so has a filing requirement in addition to the scholarship income.  Any advice?

[qbteachmt]

@Sashaa 

No need to keep asking; you started your own topic here:

https://proconnect.intuit.com/community/proseries-discussions/discussion/tuition-paid-late-2018-scho...

Please don't ask in multiple places for the same issue. Thanks.

[Sashaa]

I was searching for the topic before starting my own, and found this stream, so I asked the question here.  After that, I thought to myself that perhaps that meant that only you would see the question, so I then created a new post.  My apologies for that.  I won't do it again.  I appreciate you letting me know the etiquette.