I'm not sure how to answer the Enrollment Status question for a high-schooler than is taking a college-level course (or two). He is a full-time high-school student, but his college-level courseload is less than halftime.
He is not receiving HS credit for the courses he is taking at the Community College
He is receiving credit from the college he will attend in the fall.
Is he "full-time", "at least half-time" or "less than half-time"?
If you did not pay for the class, do not report the 1098-T on your return. He is not full-time, nor at-least half-time. If you paid for those classes, you may be able to claim the Lifetime Learning Credit, assuming you meet the income requirement.
For more help, refer to this help article: Where do I enter Form 1098-T?
The ability of the parent of a high school student to claim the credit or deduction is limited. If these courses are provided by an eligible college, this cost qualifies for the Lifetime Learning Credit (LLC). The school must have policy of granting college credit for that course, already taken, if the student ever enrolls there. In other words, it is a requirement that the course be a college credit course, even if the student isn't currently a college student. It’s not that the student is post secondary, it’s that the course is post secondary. Books are not a qualifying expense, unless included in the course fee.
Even a single course qualifies for this credit.
Questions about the LLC:
Okay, so the "Lifetime Learning Credit" belongs to whom? My son, or me?
Is it income limited? (Question applies "Mostly" if it somehow goes in my return.)
Is there some worksheet that tracks "Lifetime Learning" forward?
Since the student is your dependent, the Lifetime Learning Credit (LLC) is claimed on your tax return. There is a $90K (180K married) income limit to claim it.
Unlike the more generous American Opportunity Credit (AOC or AOTC), there is no limit on how many times the LLC can be claimed, so there is no need to "track it". Once your kid gets to college, TurboTax will track the AOTC.