Eligible colleges or other post-secondary institutions must send Form 1098-T to any student who paid “qualified educational expenses” in the preceding tax year. Qualified expenses include tuition, any fees that are required for enrollment, and course materials required for a student to be enrolled at or attend an eligible educational institution. To find out more, see the full TurboTax article.
TurboTax can help you take advantage of tax breaks to ease the financial burden of sending kids to college, including tax credits, tuition deductions, tax-free savings and more. To learn more about what is available and who is eligible, see the full TurboTax article.