Tax Help: What Do I Do With a 1098-T? What is a Form 1098-T? How Do I Get One?

The Form 1098-T Tuition Statement is a very important tax form for college students. It is required to claim valuable education credits, such as the American Opportunity Tax Credit and the Lifetime Learning Credit. You can get one from your College, and you should absolutely use it to prepare your tax return. Every undergraduate college student should use their Form 1098-T to claim at least $800 of the American Opportunity Tax Credit FOUR times, if possible. Many tax preparers don't know how to claim this education credit correctly when scholarships or grants are involved. Watch this for More Details About the Tax Benefits for Students    • What Tax Benefits and Credits are Availabl...   Costly Tax Filing Mistake: Not using your Form 1098-T    • Costly Tax-filing Mistake #2: Failing to u...   Costly Tax Filing Mistake: Claiming a Partial American Opportunity Credit    • Costly tax-filing mistake #3: Claiming a P...   Costly Tax Filing Mistake: Relying on TurboTax or other CPA Software    • Costly Tax-Filing Mistake #5: Relying on T...