If you've been shooting for a gram of protein per pound of body weight--or more--you're overdoing it. Your body won't be able to process those extra calories, and they'll ultimately end up as just one thing: fat.
A: Form 1098-T has been provided to assist in determining if you (or an individual who may claim you as a dependent) are eligible to claim a Hope Scholarship or Lifetime Learning Credit on the income tax return.: Yes. Your 1098-T will report any amount invoiced to your account from January 1 to December 31 of the tax year, not the amount paid. Box 7 will be checked on your form showing that your amount in Box 2 includes amounts for terms beginning in the first three months of the next year.
Understanding My 1098T Overview of IRS Form 1098-T Education tax credits may be available to you if you are paying education costs for yourself or a student who is a member of your immediate family.Internal Revenue Service (IRS) Form 1098-T enables you to determine if you qualify for one or more of these education tax credits.verview of IRS Form 1098-T. Education tax credits may be available to you if you are paying education costs for yourself or a student who is a member of your immediate family.