Student Loan & Education Tax Topics

Education

Education: Deductions, Credits, and Answers

There’s no doubt about it, education tax benefits can make a huge difference in your refund. The American Opportunity Tax Credit (AOTC) typically offers the largest tax break. But if you don’t qualify for that, there’s always the Lifetime Learning Cr... read more

Hi, this is my first time filing on my own. As of last year August of 2025, I became a full-time student do I include that on my taxes?

American Opportunity Tax Credit- both spouses

My husband has claimed this credit once before and has been at least half time. I just started my bachelor's and applied my 1098-T, but it says I'm not eligible..? We've been married for 10 years filing jointly. This is my 1st year of bachelor's, but... read more

College for son

My son started college in 2025 and we paid his tuition which was only 3200 dollars he worked for summer and made under 3 k and only paid 73 in federal taxes. Would it be smart to just claim him as a dependent or does he need to file him self. he’s st... read more

I received a 1098 where do I enter that?

If books and materials were included in box 1 on 1098-t, do we still enter them separate under required books and materials?

To be clear. Student paid for books and materials and laptop using financial aid and so all of that is included in box 1 of the 1098-t form. So would we still list them separate under the 'required books and materials from the school' line or would t... read more

1098T loophole for dependent

We will be claiming our 19-year-old son as a dependent on our tax return. He has a 1098T with $4,947 in box 1 and $10,249 as scholarships in box 5. In order to maximize our AOTC on OUR return, I'm assuming he needs to claim some of the amount in box ... read more

Co-signed for now ex-wife

I co-signed student loans through Sallie Mae for my now ex-wife. She hasn’t made a payment since March 2024. I have made every payment since to keep my credit protected. It’s my understanding that I can claim the interest on my taxes since I’ve been ... read more

I have a Tuition payment on form 1098 from 2024 that was not reported in 2025's return. How do I handle it now?

This is for a university graduate degree course work.

1098-T question please help

Do I have to amend my previous tax returns if box 5 is more than box 1 on the 1098-T for the all years? 3 years?

How do I remove tuition information for Emma?

How do I remove tuition information for a dependent?

Where do I add the educational books required for my class courses that I did not pay directly to my school?

I paid for the books and bought them from Amazon, etc. but they were required for my course

was my daughter considered full time

My daughter finished classes in fall of 2024 but she did not graduate until the Spring of 2025. I believe she still received a partial pell grant for some of 2025. For tax purposes can she be considered full time? I am unsure on the pell grant situat... read more