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Get your taxes done using TurboTax
Yes, if they are your dependents, you claim all the expenses, no matter who paid.
You cannot claim expenses paid by tax-free scholarships or Grants.
If there is taxable scholarship income, the student claims that income. If there is an Education Credit, you get the credit.
Room and Board does not count as education expenses towards a credit.
Room and Board expense can only be used to offset a 529 distribution on Form 1099-Q.
Scholarships that are used to pay Room and Board are taxable
Scholarships that are used to pay Tuition, Fees, Books and Supplies are NOT taxable
Pub 970 has some great examples and explanations
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‎February 16, 2025
12:05 PM