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View Full Version : 1099 and school out of pocket?


mark33180
Jan 28, 2010, 11:40 AM
If I paid for school out of pocket will I receive a 1099 form or is there anything I can do, or need to do for that portion of my taxes? Also can you write off cost of books on your taxes?

MukatA
Jan 29, 2010, 02:34 AM
Yes, you should get 1098-T for tuition and fees paid. If you are a dependent, your parents can use 1098-T. If you are not a dependent, you can use 1098-T.