Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the 1098-T form and what is it used for?

April 26, 2017form Used

0

Posted

What is the 1098-T form and what is it used for?

1 Answer

0

Posted

The Tax Relief Act of 1997 provided for new Federal tax credits for educational costs. The 1098-T form provides students with the information regarding their tuition, fees and financial aid that would be needed to determine eligibility for those tax credits.