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February 2, 2021
Question

Dependent college student 1098-T

  • February 2, 2021
  • 1 reply
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My 21 year old daughter is taking student loans to pay her grad school tuition. So although we are contributing to her financially in general, she is paying for school. She's also not earning enough (~$12k) to file taxes. Since she's not benefiting from the large tuition amounts on the 1098-T, are we allowed to?

1 reply

February 2, 2021

As she is under age 24, if she is a full time student, you can claim her as your dependent if she does not provide more than half of her own support.

 

If you claim her as a dependent, you can claim her education expenses on her 1098-T to have education credits. 

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Eli923Author
February 2, 2021

Does "support" include tuition, or only living expenses?

Eli923Author
February 2, 2021

Also, when claiming her as a dependent, do I need to report her W-2s on my tax return?