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1098-T Forms Offsetting Future Income for Medical Residency?

Level 2

I have a client that is telling me that in Canada the expenses you paid for tuition (total of all 1098-T forms) can be used to offset your future income in your residency.  He is asking if the USA has the same deal.  I have never heard of this being applicable here in the US.  Has anyone heard any different?

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Level 15

No.

Former Chump..umm... AllStar.
"the game of life is hard to play"

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3 Replies 3
Level 15

He better stay in Canada

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Level 15

No.

Former Chump..umm... AllStar.
"the game of life is hard to play"

If a post answers your question, click on *Accept as solution* for future searches

View solution in original post

Level 12

There are a myriad of programs that offer loan forgiveness and/or repayment to doctors and other healthcare workers.

https://www.aafp.org/medical-school-residency/medical-school/debt/funding/forgiveness.html