Quote:
Originally Posted by mrfeh
This is the first time I will be receiving the American Opportunity Tax Credit (for higher education expenses). I've gone through the federal deductions section of turbotax, and was not prompted for any 1098-T info.
Could somebody with experience in this matter tell me what I missed, or what I need to do?
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I am in my fourth year of doing this. The proper section is under federal, deductions and credits, education (turn on the "choose what I'll work on" to see it).
Some keys:
RE2Boys is correct that generally only tuition applies.
However if you are also taking a 529 distribution, there are other considerations.
Post if you need more details.