Who claims my dependent child's education credit if she lives at my house full time, but is taking loans in her name for all of her college expenses?

[KatrinaB · Accepted solution]

If you are claiming her as a dependent then you will claim the education expenses as the IRS does not allow a dependent to claim them. Qualified education expenses paid (or treated as paid) by a student who is claimed as a dependent on your tax return are treated as paid by you. Please view the IRS link below for more information.

https://taxmap.irs.gov/taxmap/pub17/p17-179.htm