Does an incorrect Form 1098T matter?

coffeebean17
Sun, 26 Jan 2014 15:27:30 +0000

Thought someone on here might know the answer to this question…
My d received her Form 1098T in the mail yesterday and the amount on the form is incorrect. It looks to us like her college only listed the totals for one semester instead of for an entire calendar year. (D is a full time student.)

If we don’t claim a college credit on our tax return, does the amount on the 1098T form matter? I’m not sure I want to go through the hassle of contacting her college and getting the form corrected if we’re not going to use it on our tax return.

Thanks so much!