Who should claim credit for Son's college tuition fee?

Forum|Forum|1 year ago
March 9, 2025
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I have a son in college and his tuition is 14K plus 14K in lodging expense. He earned 2K from summer job and 10K from investment. We used 10K from his investment to paid for lodging and rest of lodging and tuition was paid by us.

Our AGI is 300K plus. Should we enter the college expense (including 1098-T) on our tax filing or on our sons?

Note: We have mark our son as dependent on our return and marked someone else claim as dependent on my sons.

Best answer by Bsch4477

He can claim the non refundable portion of the American Opportunity Credit but must check the box saying someone else CAN claim him. As an aside, his investment income will be subject to Kiddie Tax so some will be taxed at your tax rate.

MinhT1

As your dependent, your son cannot claim his education credits.

Your son has to file his own tax return to report his income (wages and investment income).

You only can claim your son's education credits, but your MAGI is too high and you cannot claim them. The income limits are $180,000 for the AOTC and $160,000 for the Lifetime Learning credit.

So there is no need to enter your son's 1098-T on his or your tax return.

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