Explaining The Process Of Filing Form 1098-T In TurboTax

 

1098-t-form-turbotax

Form 1098-T was first introduced in the Taxpayer Relief Act of 1997. This form’s purpose was to help the taxpayers so they could pay for their higher education.The “T” in 1098-T implies the tuition statement, which you can find in the IRS records. It is a report of eligible educational institutions in the US to maintain the record of due and receiving payments from the students.

Source: Form 1098-T In TurboTax


Location: New York, NY, USA

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