1098-T form question

[aaronsmith20748]

Hello,

I Graduated from College about a year and a half ago, but I am still paying Student loans and was wondering if I am still eligible for a 1098-T form i received one last year will I get one this year? I know I am eligible for the 1098-E form but am i still eligible for 1098-T 

[xmasbaby0]

No.   If you graduated, you are not going to receive a 1098T for paying tuition, etc.   You will receive a 1098E for your student loan, and you can enter the interest you paid for the loan.

[Hal_Al]

Q. I Graduated from College about a year and a half ago, but I am still paying Student loans.  Am I still eligible for a Tuition/Education  Credit.

A.  No. To be eligible for an education tax credit, you must have taken the class and paid for it in the same tax year.*  So, back when you were taking classes, you (or your parents) were eligible for a credit, even if you were paying for it with money from student loans.

*There is one exception: if you pay, in 2023,  for classes starting early in 2024, you may claim the tuition credit on your 2023 tax return.