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Started By
Message
Need IRS advice
Posted on 12/9/16 at 11:46 am
Posted on 12/9/16 at 11:46 am
Posted on the money board but no one goes over there.
They sent me a letter saying that I owe them 2000 dollars because of credits I received when filing last years taxes. I filed through turbo tax. They asked me if I attended school in 2015. Which I did. 2 classes. That's how I got the credits. Now they are saying they don't have evidence of this. I've since graduated but I logged into my colleges version of student accounts. I took two classes in the spring of 2015. For some reason my 1098 t for that year does not have the amount I paid in tuition. Instead spring 2015 is listed on my 2014 1098. Which makes no fricking sense to me.
They sent me a letter saying that I owe them 2000 dollars because of credits I received when filing last years taxes. I filed through turbo tax. They asked me if I attended school in 2015. Which I did. 2 classes. That's how I got the credits. Now they are saying they don't have evidence of this. I've since graduated but I logged into my colleges version of student accounts. I took two classes in the spring of 2015. For some reason my 1098 t for that year does not have the amount I paid in tuition. Instead spring 2015 is listed on my 2014 1098. Which makes no fricking sense to me.
11
Posted on 12/9/16 at 11:47 am to tigersownall
quote:
they don't have evidence of this
quote:
098 t for that year does not have the amount I paid in tuition
Seems like something you could get evidence of to take care of this problem
Posted on 12/9/16 at 11:48 am to tigersownall
I would have to think that the school should have SOMETHING that they can give you that shows that you took said classes. I would call someone there.
Posted on 12/9/16 at 11:48 am to tigersownall
What matters is when you paid it. Did you pay it in 2014 or 2015?
Posted on 12/9/16 at 11:48 am to tigersownall
Well if you didn't claim it for 2014 you still can. Should be a wash. (I believe I'm correct but don't quote me). You may still get late fees though.
Posted on 12/9/16 at 11:49 am to HubbaBubba
Tuition? Spring 2015 was paid in 15. I know because originally I was supposed to graduate December 2014
This post was edited on 12/9/16 at 11:52 am
Posted on 12/9/16 at 11:50 am to The Mick
He won't get late fees for filing on time but he will get interest charges on funds due. It's fortunately, not much.
Posted on 12/9/16 at 11:56 am to tigersownall
Posted on 12/9/16 at 11:57 am to tigersownall
ETA: See my Q was already answered.
This post was edited on 12/9/16 at 11:58 am
Posted on 12/9/16 at 11:59 am to tigersownall
quote:Then you take your cancelled check, or credit card statement to the registrar's office (or by email) and request a corrected 1098.
Tuition? Spring 2015 was paid in 15. I know because originally I was supposed to graduate December 2014
Posted on 12/9/16 at 12:12 pm to tigersownall
Posted on 12/9/16 at 12:16 pm to tigersownall
Edited:
See what Hubba Bubba said. Take proof that you paid your Spring '15 tuition in 2015, and request an amended 1098T
See what Hubba Bubba said. Take proof that you paid your Spring '15 tuition in 2015, and request an amended 1098T
This post was edited on 12/9/16 at 12:18 pm
Posted on 12/9/16 at 12:18 pm to HubbaBubba
quote:
Then you take your cancelled check, or credit card statement to the registrar's office (or by email) and request a corrected 1098.
Posted on 12/9/16 at 12:19 pm to thelawnwranglers
Thanks baws.
Let me just make sure I got this right. If I show them I paid on Jan 21st. Which I just found my bank statement. It should have been on my 2015 1098?
Let me just make sure I got this right. If I show them I paid on Jan 21st. Which I just found my bank statement. It should have been on my 2015 1098?
This post was edited on 12/9/16 at 12:38 pm
Posted on 12/9/16 at 1:08 pm to tigersownall
So just got off the phone with a guy in fees. He's telling me that because the cost were incurred in 2014. Like I scheduled my classes. That that's why it's on my 2014 1098. This seems fricky.
Posted on 12/9/16 at 2:54 pm to tigersownall
That is a little bizarre.
The 1098-T clearly states "Tuition RECEIVED" in block 1. It does not say costs incurred.
Interesting accounting by the university. Maybe they can't track payments properly and they have IRS approval to use that method?
There are other requirements that must be met to claim the credit as well. There are two credits available also. You choose the one that you qualify for best.
If you are a convicted felon you can't take the credit.
The 1098-T clearly states "Tuition RECEIVED" in block 1. It does not say costs incurred.
Interesting accounting by the university. Maybe they can't track payments properly and they have IRS approval to use that method?
There are other requirements that must be met to claim the credit as well. There are two credits available also. You choose the one that you qualify for best.
If you are a convicted felon you can't take the credit.
This post was edited on 12/9/16 at 2:57 pm
Posted on 12/9/16 at 3:20 pm to tigersownall
When all else fails:
Taxpayer Advocate Service
Taxpayer Advocate Service
quote:
The Taxpayer Advocate Service (TAS) is your voice at the IRS. We ensure you are treated fairly, and know and understand your rights. If you are having tax problems and have not been able to resolve them with the IRS, you may be eligible for free TAS help.
Posted on 12/9/16 at 4:05 pm to tigersownall
I think I see your problem here. This is the OT Lounge on Tiger Droppings. We don't have your transcripts or records of enrollment. You should be talking to the Bursars Office of the University you attended. They can help you.
Posted on 12/9/16 at 8:41 pm to JDCPA76
quote:Exactly. My property taxes are billed to me in 2016, but I have until January 31st to pay, but if I pay in 2016, I can write it off in 2016. If I wait until 2017, I have to wait until I do my taxes for 2017 in 2018.
That is a little bizarre.
The 1098-T clearly states "Tuition RECEIVED" in block 1. It does not say costs incurred.
This post was edited on 12/9/16 at 8:42 pm
Posted on 12/9/16 at 9:38 pm to tigersownall
I pay spring tuition for LSU in December. Maybe that is the issue.
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