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Tax Return question

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Posted · Report post

Ok, last time I was in College it was on my Parents dime and I didn't file a Tax return, this Past year I was doing it on mine, anything I should know about when filing my 1098-t Forum with my regular W-2's?

I know I should be able to get my College either right off as a expense or get all my money Back from it for the most part (about $1000) but just wondering is there is anything beside just filing I should be aware of??

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Posted · Report post

Not really. The tax software will do the heavy lifting for you. Not sure what your situation is, such as, income, filling status, amount of expenses, were you reimbursed, what year of college etc, but you will fall into one of these college credits/deductions:

Opportunity credit
Lifetime learning credit
Tuition deduction

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Posted · Report post

yes. use some form of tax software. turbo tax or hr block etc.

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