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Form 1098-T data entry

To enter information from Form 1098-T, Tuition Statement, you can either:
  • Use Source Data Entry.
  • Use the following table to find where to enter the information.
Form field
Folder > Screen
Field
Statement column
Student's SSN
Educate > Educate
Eligible student information
Student's SSN
Filer's name - Educational Institution
Educate > Educate
Eligible student information
Name
Filer’s address
Educate > Educate
Eligible student information
Institution address columns
Box 1 - Payments received for qualified tuition
Educate > Educate
Eligible student information
Pymt Rec’d Qual Tuition
Box 3 - Check if you have changed your reporting method
Educate > Educate
Eligible student information
Inst. Changed Method
Box 4 - Adjustments made for a prior year
Educate > Educate
Eligible student information
Adj for Prior Yr
Box 5 - Scholarships or grants
Educate > Educate
Eligible student information
Scholarships and Grants
Box 6 - Adjustments to scholarships for a prior year
Educate > Educate
Eligible student information
Adj to Schol Prior Yr
Box 7 - Check if amount in box 1 or 2 includes amounts for January - March 2024
Educate > Educate
Eligible student information
Amts for 2024 Semester
Box 8 - Check if at least half-time student
Educate > Educate
Eligible student information
If blank, AOTC Disqualifier = 2, Not enrolled at least half-time
Box 9 - Check if a graduate student
Educate > Educate
Eligible student information
Graduate student
Box 10 - Ins. contract reimb./refund
Educate > Educate
Eligible student information
Ins Contract Reimb
note
  • Boxes 3, 4, and 6 are entered in the UltraTax CS Source Data Entry Utility only, if applicable, and transferred to the input screen for informational purposes. Further research by the preparer will be required to determine if the amounts in these boxes have any tax consequences for the current or prior tax years.
  • To determine whether the amount in box 5 is taxable, refer to Publication 970, Tax Benefits for Education. If the amount is determined to be taxable (and it wasn't reported on Form W-2), open the
    Income
     screen in the
    Income
     folder, open the
    Other income statement
     window, then enter code
    5 - Txb scholarship not on W2
     in the Federal Code column. Then, enter an amount in the Amount column. This amount will appear on Form 1040, line 7.

This article applies to:

  • Product: UltraTax CS
  • Return type: 1040 Individual
  • Subject: Education

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