1098

[ekfierce]

My parents paid for my year of college but I paid for my textbooks. I am a dependent and they claim me as such. Who files the 1098T on their taxes. Is it them or me or both of us. 

[DoninGA]

Since you are being claimed as a dependent then only the parents can claim the education expenses, Form 1098-T, on their tax return.

[AmyC]

Whoever claims the student claims the credit. They can use your expenses if needed, to get the full $4,000 of tuition expenses.

[Hal_Al]

 Q. Who files the 1098T on their taxes. Is it them or me or both of us?

A. Them and only them. 

If there is an amount in box 5 of your 1098-T and the amount in  box 1 does not exceed  box 5, by more  than $4000,  reply back for more info.