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Get the current filing year's forms, instructions, and publications for free from the Internal Revenue Service (IRS). Download them from IRS.gov. Order by phone at 1-800-TAX-FORM (1-800-829-3676)
Form 1040 is used by U.S. taxpayers to file an annual income tax return.
A: The Form 1098-T is a statement that colleges and universities are required to issue to certain students. It provides the total dollar amount paid by the student for what is referred to as qualified tuition and related expenses (or \u201cQTRE\u201d) in a single tax year.
No, you don't have to report your 1098-T, not unless you want to claim an education credit. However if your grant/scholarship amount (box 5) is more than your tuition (box 1/box 2) you may want to report it because excess scholarship money may be treated as taxable income on your return.
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