My hubby started nursing school and we got a student loan to pay for it. We will pay it back later. I got a tax form from the school showing tuition paid. Do I claim it?

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Yes! Tuition (and other expenses, like Books) paid with loan funds counts as 'out of pocket' expenses you paid.

If you received a 1098-T from the school, you can enter it in TurboTax. If there is an amount in Box 5 for Scholarships/Grants, this will be subtracted from expenses to calculate the amount eligible for an education credit.

Click the link for more info about education tax breaks to help you.

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Filing my taxes independently this year, but last year I was a dependent. Can my parents claim my 1098-T if they paid for my tuition when I was still a dependent?

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My hubby started nursing school and we got a student loan to pay for it. We will pay it back later. I got a tax form from the school showing tuition paid. Do I claim it?