We have no 1098T, but I paid a small amount of my daughter's college tuition. Most of the tuition was taken care of by a scholarship. Can I take any credits or deductions?

[KrisD · Accepted solution]

Use the student's account statement and claim any expenses you paid in 2016 for expenses of 2016 and/or the first 3 months of 2017.

Make sure you do not use the expenses that were paid with tax-free assistance towards any education credits.

In the TurboTax program, report everything that was paid to the school in 2016, and all the tax-free assistance, such as scholarships, that posted to the school in 2016. The program will do the math.

Add any out-of-pocket costs paid outside of the school, like books and supplies.

Keep receipts and statements, that prove your entries, with your tax file.

CLICK HERE for IRS Pub 970 Tax Benefits for Education