Tuition and fees deduction

mccumich · ‎June 6, 2019

How do we deduct when the source of funds for our daughter's tuition comes from a separate source (relative in this case), but we (parents) pay for all the (substantial) fees and related education expenses? We have the 1098-T statements, but entering all that information in TurboTax implies we paid for the tuition, doesn't it?

Marketstar · ‎June 6, 2019

If you are eligible to claim your daughter as your dependent and do so, then you can claim all of her qualified education expenses-no matter where the money came from.

See Rules For Claiming Dependents

Also see Qualified Educational Expenses

To claim educational expenses as well as financial aid (if any)

Type in 1098-t in the search box, top right of your screen, then click the magnifying glass
Click the jump to 1098-t link in the search results
Follow to prompts and online instructions

View solution in original post

Marketstar · ‎June 6, 2019

If you are eligible to claim your daughter as your dependent and do so, then you can claim all of her qualified education expenses-no matter where the money came from.

See Rules For Claiming Dependents

Also see Qualified Educational Expenses

To claim educational expenses as well as financial aid (if any)

Type in 1098-t in the search box, top right of your screen, then click the magnifying glass
Click the jump to 1098-t link in the search results
Follow to prompts and online instructions

Tuition and fees deduction