Owning a home can yield some benefits at tax time if you're able to deduct mortgage interest. If you paid interest on a mortgage loan, your lender should provide you with a Form 1098 Mortgage Interest ...

It’s that time of year again: tax season! If you’re a homeowner or planning to become one, it’s helpful to be aware of form 1098 and understand its potential benefits. There are many perks to ...

Note that the situation for student loans has changed due to the impact of the coronavirus outbreak. Check out our Student Loan Hero Coronavirus Information Center for additional news and details. If ...

Form 1098-T is a record of the financial information reported by Bates to the IRS on a student’s behalf. The information on form 1098-T can be used to help you determine if you are eligible for ...

The Form 1098-T, Tuition Statement, is provided to help students and their parents determine eligibility for tax credits under the Tax Relief Act of 1997, including the American Opportunity Credit and ...

The Tax Court held that a taxpayer was entitled to claim the American opportunity tax credit based on the tuition and fees paid from student loan proceeds disbursed during calendar year 2011, for ...

Families filing a U.S. tax return may be eligible for educational tax credits when claiming their Purdue student as a dependent. In mid-January of each year, the Office of the Bursar will generate an ...

On Feb. 8, "Hector" wrote that he paid college tuition in December and it did not show up on a 1098T. (Scenario #1)What happens when you pay in January and the college includes it on the previous year ...

Form 1099-QA is an IRS tax form filed by states, their agencies, or their instrumentalities. It reports distributions from Achieving a Better Life Experience (ABLE) accounts specifically designed to ...