My son 1098T has Box 1: $42643 and Box5: $14815 and still didnot get any education credit. Anyone can help?

Forum|Forum|4 years ago
April 16, 2022
2 replies
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kkpatelAuthor

He didnot work last year so he is not filing.

MAK70

If you are claiming him as a dependent, you must enter the information on your tax return to qualify for the credit.

Hal_Al

Employee

You, most likely, entered something wrong. Delete the student, at the "Your Education Expenses Summary" screen and start over.

You qualify, unless he or you also got a 529 plan distribution (1099-Q), or your income is too high (above $90K, $180K married filing jointly). People filing married filing separately do not qualify, regardless of income. You may need to review the rules.

https://www.irs.gov/Individuals/AOTC

https://www.irs.gov/newsroom/american-opportunity-tax-credit-questions-and-answers

https://www.irs.gov/credits-deductions/individuals/education-credits-questions-and-answers

https://www.irs.gov/individuals/llc