Just to confirm you are saying that both she and I need to enter the 1098-T in both of our taxes separately? I will claim her as a dependent and I meet the full credit guidelines below.
- For the full credit, your MAGI (modified adjusted gross income) is less than $80,000 ($160,000 if you're filing jointly)
Where do I enter the portion below? On the "Other educational expenses" screen? not the 1098-T? I enter the 1098-T as exactly shown on both of our returns correct?
" Claim you paid $4,000 of that money, leaving $45,970 as eligible expenses. This yields up to $2,500 credit for you for $4,000 spent. "
