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June 6, 2019
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I have a 1098-T for a high school student for credits toward college. Would I answer that he is working towards a bachelor degree and is a full time student?

  • June 6, 2019
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Best answer by Ashby

If he will use the credits he is earning towards a degree, you can answer yes to the bachelor degree. 

As long as he took enough credits to be considered at least half-time by the institution is what the IRS says for the American Opportunity Credit. The Lifetime Learning Credit can be taken whether he is full-time or not.

You can only take the American Opportunity Credit (larger total credit) 4 years total. Depending on the amount of tuition, you may want to save the AOC years and take Lifetime Learning for these courses.

1 reply

AshbyAnswer
June 6, 2019

If he will use the credits he is earning towards a degree, you can answer yes to the bachelor degree. 

As long as he took enough credits to be considered at least half-time by the institution is what the IRS says for the American Opportunity Credit. The Lifetime Learning Credit can be taken whether he is full-time or not.

You can only take the American Opportunity Credit (larger total credit) 4 years total. Depending on the amount of tuition, you may want to save the AOC years and take Lifetime Learning for these courses.

February 3, 2024

Answer may be unclear-  He is in high school...Yes - he is working toward the degree....Yes(but he is in high school).  The question is now - is he a full time student?  Where? in the high school or the school that issued the 1098T... I still don't have the clear answer? maybe it is irrelevant?

February 3, 2024

I now see that half-time is checked on the 1098T confusing me a little more. That implies the high school.