Q. How do I claim my education if I don't have a 1098-T because the school closed?
A. 1098-T or not, your school must have been an "eligible institution" to claim the tuition credits. In the TurboTax (TT) interview, after you say no to whether you have a 1098-T, say yes to the you qualify for an exception question.
To be eligible for the tuition credits or tuition & fees deduction, the course must be taken at "an eligible institution". The school should be able to tell you if it is an eligible educational institution. In general, an eligible educational institution is an accredited college, university, vocational school, or other postsecondary educational institution, including accredited, public, nonprofit, and proprietary (privately-owned, profit-making) postsecondary institutions. Additionally, in order to be an eligible educational institution, the school must be eligible to participate in a student aid program administered by the Department of Education. If they issue a 1098-T they are probably an eligible institution.
Enter your school at the link below, to see if it's on the dept. of education list.
My school closed down 08/02/2021 Independence University while I was in class. I have attended there since 2019 after closing I enrolled in Strayer University after Independence University shut done. U receive my 1098-t form from strayer university but I haven’t gotten one from Independence and I can’t get in touch with no one there
As indicated by our awesome Tax Expert @AliciaP1 a Form 1098-T is not necessary. Research your payments for tuition and make sure you have any grant or scholarship information you received. Once you have your numbers together you can include the education expense on your tax return. Keep all the documents together with your tax return should you need them for verification in the future.
If the parent is claiming the student as a dependent on their (the parents) income tax return, then the parent enters the 1098-T Tuition form on their (the parents) income tax return.
Before you enter the 1098-T form, here's some important information you need to know:
If the student on the 1098-T is your dependent, enter the 1098-T on your return, even if your dependent paid the tuition.
If the student on the 1098-T is you, and you're not being claimed as a dependent, enter the 1098-T on your return unless your employer paid for or reimbursed your tuition (in which case, just keep the 1098-T with your tax records).
If you need to wait to gather your information, you can always file your return, then amend when you have all the information you need.