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Deductions & credits
Thank you so much for your help. One other question, I will be the one paying back my loans, but I won’t pay them until six months after I graduate, which is over another year from now. Do my parents still input the 1098-T on their return, even though no one is paying anything yet? Will they even qualify for a tax credit? My parents do provide my support, but are not responsible for my tuition. Does it matter that my lack of income was used to acquire the school funding? Thank you.
March 18, 2020
8:35 PM