Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 2, 2021 2:18:15 PM

Do I use my dependents college tax forms 1098-T even if they will be filing own taxes.

0 2 212
2 Replies
Expert Alumni
Feb 2, 2021 2:34:23 PM

Yes, as long as you are claiming the student as your dependent. 

 

If the 1098-T generates a credit, you claim the credit. 

(more expenses than tax-free assistance)

 

If the 1098-T generates taxable income, the student claims that amount as income on their tax return. 

(more tax-free assistance than expenses) 

 

Please enter under Deductions & Credits, scroll down to Education. 

Level 15
Feb 2, 2021 2:37:12 PM

Simple answer, the 1098-T goes on your return  if they are your dependents. The tuition credits/deduction go with the student's dependency.

 

That said, the 1098-T is only an informational document. The numbers on it are not required to be entered onto anyone's tax return. However receipt of a 1098-T frequently means you are either eligible for a tuition credit or deduction or possibly your student has taxable scholarship income.  If the student needs to report scholarship income, the 1098-T may need to go on his return.  Sometimes the 1098-T goes both places with the appropriate adjustments to the amounts.