IRS Form 1098T is probably one of the most misunderstood tax forms college students have to deal with. Do you know how the American opportunity tax credit or lifetime learning credit is actually calculated? Where does the 1098T fit into all of this? In this video, we're making sense of education tax credits!

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▶ RESOURCES MENTIONED
Tax Deductions for College Students 2018:    • Tax Deductions for College Students 2018  
IRS Publication 970: https://www.irs.gov/pub/irspdf/p970.pdf
IRS Form 8863: https://www.irs.gov/pub/irspdf/f8863...
IRS Form 8863 Instructions: https://www.irs.gov/pub/irspdf/i8863...
Are you eligible to claim an education credit? Find out here: https://www.irs.gov/help/ita/amieli...

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▶ DISCLAIMERS
The opinions expressed here are my own and not my employer’s. My employer has not reviewed or approved any of the content posted herein.
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Any information contained in this video SHOULD NOT be considered or relied upon as financial advice, and we disclaim any liability in connection with the use of this information. Everyone’s financial situation is different, and you should consult a financial professional for targeted advice.

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