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January 30, 2024

To enter your form 1098-T in TurboTax, follow these steps:

 

  1. Open your tax return
  2. Click on Federal in the left panel.
  3. Click on Deductions & Credits
  4. Locate the Education section. Click Show more 
  5. Select Start next to Expenses and Scholarships (Form 1098-T) 
  6. On the next page, click on Add a Student. Or if the student has already been added, click on Edit next to the name of the student. After a few screens, answer Yes on the page Did [student] get a 1098-T for the year 2023? 
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Hal_Al
Employee
January 30, 2024

If you are a dependent, your parents claim the tuition credit, not you. 

 

There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't eligible. A full time unmarried student, under age 24, even if you don't qualify as a dependent, is only eligible for the refundable portion of the American Opportunity Credit if he supports himself by working. You cannot be supporting yourself on parental support, 529 plans or student loans & grants. It is usually best if the parent claims that credit. 

You cannot claim a credit if you are, or can be, claimed as a dependent by someone else.

 

Reference: Line 7 instructions for form 8863. https://www.irs.gov/instructions/i8863