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Myself and two daughters have student loans and tuition and education expenses. How I should record it?

 
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MarilynG
Expert Alumni

Myself and two daughters have student loans and tuition and education expenses. How I should record it?

If your daughters are claimed as your dependents on your return, you can enter Education Expenses for each of you separately (screenshot).

Type 'education expenses' in the Search window, then 'Jump to education expenses'

Loan funds used to pay expenses are considered to be paid by you, and are not reflected on the 1098-T with Scholarships/Grants.

TurboTax will optimize your Education Credits for you.

Click the link for more info on Education Tax Breaks.

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