Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
cancel
Showing results for 
Search instead for 
Did you mean: 
madeline17795
New Member

I'm a dependent who is in college. My parents pay for my tuition and all expenses. Do I enter my 1098 tuition form on my tax return, or do they use it for their return?

 
3 Replies
Bsch4477
Level 15

I'm a dependent who is in college. My parents pay for my tuition and all expenses. Do I enter my 1098 tuition form on my tax return, or do they use it for their return?

They use the form for education credit on their return.  If you have scholarships in an amount greater than qualified education expenses the difference is income on your return assuming that you have to file one. 

KrisD15
Expert Alumni

I'm a dependent who is in college. My parents pay for my tuition and all expenses. Do I enter my 1098 tuition form on my tax return, or do they use it for their return?

If it generates a credit, your parents use it to claim a credit. 

If it generates taxable income, you need to claim the income. 

 

Your parents can enter the 1098-T into their TurboTax program and the program will report which way it should be reported. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Hal_Al
Level 15

I'm a dependent who is in college. My parents pay for my tuition and all expenses. Do I enter my 1098 tuition form on my tax return, or do they use it for their return?

There's even a loop hole available for the parents to claim the credit, if the student is on scholarship.

For details, see: https://ttlc.intuit.com/community/college-education/discussion/yes-that-is-a-tax-loophole-available-...

Dynamic AdsDynamic Ads
Privacy Settings
v