For example, if you paid Spring Term tuition in October, November or December of the prior calendar year, look for those payments on that prior calendar year’s 1098-T form.
A mortgage expert has warned homeowners not to throw away their 1098 tax forms before they file. In her recent video, ...
Although 2024 tax returns aren’t due until April 15, the IRS began accepting them last month. That means the 2025 tax season ...
Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...
Filing your taxes for the first time? Here’s everything you need to know, including the necessary forms, how to report your ...
A 1098-T form is automatically reported to only those students with ... No. There can be only one payment plan in effect per student account. For example, if more than one family is assisting a ...
As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...
For example ... (IRS) Form 1098. Your lender will send this to you by January 31st if you paid $600 or more in mortgage interest during the previous tax year. If you didn’t receive a 1098 ...
“The benefits of the deduction go primarily to high-income taxpayers because high-income taxpayers tend to itemize more often ...