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nrb9737
New Member

I am a student and my parent claims me as a dependent, so do I upload the 1098T info from my university or does my parent?

 
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DavidS127
Expert Alumni

I am a student and my parent claims me as a dependent, so do I upload the 1098T info from my university or does my parent?

You parents will include the Form 1098-T on their tax return. 

 

If you had scholarship income in excess of your qualified education expenses, however, you include the excess as income on your tax return.

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2 Replies
DavidS127
Expert Alumni

I am a student and my parent claims me as a dependent, so do I upload the 1098T info from my university or does my parent?

You parents will include the Form 1098-T on their tax return. 

 

If you had scholarship income in excess of your qualified education expenses, however, you include the excess as income on your tax return.

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

I am a student and my parent claims me as a dependent, so do I upload the 1098T info from my university or does my parent?

It depends. Typically, the parent will claim/report *ALL* of the education expenses including the 1098-T if they also qualify to claim the student as their dependent, and actually do claim the student as their dependent. The one exception to that is:

If the total of all scholarships, grants, 529 funds distributions received in the tax year exceeds the total of all qualified education expenses actually paid in the same tax year, then while the parents will still claim the student as their dependent (if they qualify) it is the student that reports the education stuff on their own return. That's because the student (not the parents) will pay taxes on any excess distributions not used for qualified education expenses.

There's all kinds of "nuances" to that statement too. But if one pays attention to the small print, the program handles it just fine.

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