Can a parent use the 1098-t form for your child’s tuition

Forum|Forum|5 years ago
January 30, 2021
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TurboTax Deluxe Online

linaj20201

If you are a parent and meet the requirements to claim your child as a dependent, you can use the child's Form 1098-T to claim an education tax break on your own tax return.

For more information, click here: https://www.irs.gov/credits-deductions/individuals/education-credits-aotc-llc

reeree8604

I tried to add my daughter 1098t form but it has my name as a student instead of her

Hal_Al

Employee

If you enter the wrong student, you'll have to delete all the info and start over. Go through the entire education interview until you reach a screen titled "Your Education Expenses Summary". Click delete next to the student's name. You'll then get the "Your Education Expenses Summary" screen again. Click the "Add a student" button.

Your daughter must have been previously entered as your dependent, in the personal info section.

Hal_Al

Employee

Yes. The tuition credit (or deduction) "goes with" the student's dependency. If you claim the student as a dependent, then you (not the student) claim the tuition credit, on your tax return. This means entering the 1098-T, on your return, in TurboTax.

If the student has taxable scholarship (typically box 5 of the 1098-T is more than box 1), the scholarship income is reported on his return.

Sometimes, it's necessary to enter the 1098-T on both the parent and student returns.

There's even a loop hole available for the parent to claim the credit, if the student is on scholarship. For details, see: https://ttlc.intuit.com/community/college-education/discussion/yes-that-is-a-tax-loophole-available-but-you-can-not/01/715052#M19895