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Can I file my taxes without my 1098-T form?

Yes, you CAN file your tax return without the 1098-T information. However, it may not be in your best interest to do so. Entering in the 1098-T data will enable you to find out if you qualify for certain higher education credits (ex: American Opportunity Tax Credit and the Lifetime Learning Credit).

What happens if my school doesnt give me a 1098-T form?

You can still claim an education credit if your school that closed did not provide you a Form 1098-T if: The student and/or the person able to claim the student as a dependent meets all other eligibility requirements to claim the credit. The student can show he or she was enrolled at an eligible educational institution.

How much is the 1098-T credit?

It is a tax credit of up to $2,500 of the cost of tuition, certain required fees and course materials needed for attendance and paid during the tax year.

Does my 1098-T form give me money?

A form 1098-T, Tuition Statement, is used to help figure education credits (and potentially, the tuition and fees deduction) for qualified tuition and related expenses paid during the tax year. The Lifetime Learning Credit offers up to $2,000 for qualified education expenses paid for all eligible students per return.

How do I get my 1098-T from Ohio State?

1098-Ts are issued by January 31 each year. You will receive an email to your Ohio State email address address when it is available. Once issued, you can access the form on demand through your My Buckeye Link account .

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Do you get money back for a 1098-T?

This is a credit of up to $2,000, and while its not refundable, its still a great way to reduce the tax you owe. Tuition and Fees Deduction. Allows up to $4,000 deduction for qualified higher education expenses.

Can I view my 1098 online?

You can download your 1098-E from your servicers website. If youre not sure who your loan servicer is, you can log in to StudentAid.gov to get your servicers contact information. You can also call the Federal Student Aid Information Center at 1-800-433-3243. Note: You cant download your 1098-E from StudentAid.gov.

How can I get a copy of my 1098-T?

Your college or career school will provide your 1098-T form electronically or by postal mail if you paid any qualified tuition and related education expenses during the previous calendar year.

What happens if my school doesnt give me a 1098-T form?

You can still claim an education credit if your school that closed did not provide you a Form 1098-T if: The student and/or the person able to claim the student as a dependent meets all other eligibility requirements to claim the credit. The student can show he or she was enrolled at an eligible educational institution.

Can I get my 1098-T form online?

What do I need to do? You can access your 1098-T form by visiting the Tab Service 1098t website. UC has contracted with Tab Service to electronically produce your 1098-T form.

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