Can my parents and i both deduct educational expenses

[frank4nowjonah]

I assume only the child or the parents can claim amounts paid for college both but it is not spelled out that way

[Patrice]

No, both the parents and the student can NOT deduct (claim) the educational expenses.  If your parents are claiming you on their tax return as a dependent then they are allowed to claim the qualified education expenses.  However, if your parents are not claiming you then you would be allowed to claim your education expenses on your tax return.