MarilynG
Expert Alumni

Education

Yes! Tuition (and other expenses, like Books) paid with loan funds counts as 'out of pocket' expenses you paid.  

If you received a 1098-T from the school, you can enter it in TurboTax.  If there is an amount in Box 5 for Scholarships/Grants, this will be subtracted from expenses to calculate the amount eligible for an education credit.

Click the link for more info about education tax breaks  to help you.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"