- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
You shouldn't report anything in the education expenses section if you are a dependent and your parents are reporting the 1098-T.
Your parents should report the 1098-T, all expenses, and apply for an education credit.
If you received more tax-free assistance than education expenses, you would report the excess as taxable income.
CLICK HERE for IRS Pub 970 Tax Benefits for Education
‎June 6, 2019
5:56 AM