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Old 08-20-2013, 03:10 PM
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Join Date: Aug 2013
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Verifying Claimed Education Credit

Hi all,

I recently received a letter from the IRS informing me that they could not verify my education credits. First some thing about me to help set the situation:

1) I used TurboTax to file
2) I claimed the Lifetime Learning Credit only (I was enrolled full-time in medical school at qualified school)
3) My 1098-T box 1 is blank (the school says they never fill out box 1
4) My 1098-T box 2 is $42,964.50

Verbatim from the IRS letter:
Education Credits
We need to verify the education credits claimed on Form 1040 line(s) 49 and/or 66, or on Form 1040A line(s) 31 and/or 40. Your eligible educational institution did not verify the amount claimed on your tax return, in box 1 of Form(s) 1098-T, Tuitions Statement. Please provide a signed explanation of the amounts paid to support the amount(s) claimed.
Box 1 of my 1098-T is blank (I still have the document in my files) and I was told that this is standard across most schools. TurboTax asked me to enter the number from either box 1 or box 2 onto my tax return.

The IRS is asking me to pay $2,000 (which correlates to the $2,000 credit I received)

Should I just send them a copy of the 1098-T in my possession to clear this up? Or did I actually do something wrong?

Thanks for the help!



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