Welcome Guest. Sign in or Signup

4 Answers

i forgot to add a 1098t form to my taxes?

Asked by: bellmont 323 views YA Discussion

I didnt realize my daughter had a 1098t before I filed my taxes on turbo. I havent received my refund yet. I did the amended info on turbo tax and it says Im even getting a bigger refund. Does that sound right? On the original taxes, I forgot to report the info. Am I in trouble? Im mailing the amended info asap, but efiled the original return 2 weeks ago. ARe they going to think I am trying to defraud them?
thank you so much figment. It just seems weird because with the 1098t i am not adding a scholarship amount that she recieved to my return, and now i receive 2000 dollar more to my return? I wish I just would have went to a tax person. I thought turbo tax was so simple. maybe it is. thank you again
i am “now”, not “not” adding a scholarship amount received. Why would I get a bigger refund when I am not reporting a scholarship amount? Thanks again


4 Answers



  1. figment_usa on Feb 18, 2013 Reply

    Yes, it does sound right that you would get a bigger refund due to the education credits.

    No, the IRS is not going to think you are trying to defraud them. They got a copy of the 1098T, too.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  2. tro on Feb 18, 2013 Reply

    not sure what you are saying about amending your original tax return, the 1040X cannot be efiled, it has to be done manually
    it is possible that filing thru TT allows them to be able to correct your original if it is not too late
    and yes if you are claiming the tuition credit, it is a refund

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  3. Pat on Feb 18, 2013 Reply

    THIS is why you should NEVER use those tax programs.
    Use the IRS “Free File Fillable Forms” and do it yourself.

    ALWAYS use the full, long 1040 form.
    READ every line.
    One at a time.
    Fill in the blanks.

    READ the instructions.

    It’s not rocket science.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes



  4. Jino on Feb 18, 2013 Reply

    “i am “now”, not “not” adding a scholarship amount received. Why would I get a bigger refund when I am not reporting a scholarship amount? “===========>Your daughter’s scholarship may or may not be taxable. Generally speaking, a scholarship or fellowship is tax free if you are a degree candidate and the award is used to pay for tuition and required fees, books, supplies and equipment. Any amounts used to pay for room and board and a stipend for living expenses is taxable. There are also a variety of coordination restrictions that are intended to ensure that you don’t double-dip when taking advantage of the Education Tax Benefits. Your daughter needs to report her scholarship(if it is taxable) on her return as long as she files her return as your dependent; as long as you claim your daughter as your dependent, you still can deduct edu credit on your return.

    0 Votes Thumb up 0 Votes Thumb down 0 Votes


Your Reply