Tuition and Fees Deduction
ProSeries Professional
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Tuition and Fees deduction is reported on line 34 and requires the new Form 8917. The totals from the Qualified Education Expenses Worksheet flow here, which includes the 1098-T, when the applicable taxpayer/spouse does not qualify for the hope and lifetime learning credits. |
The existing Education Tuition and Fees Worksheet optimizer can help you determine the best option for your client, or you can manually indicate how you want expenses handled. If "Deduction" is selected by you or the program (depending on whether you use the optimizer), 1098-T expenses flow to Form 8917.
