If you qualify as a dependent on your parent's return,
they would report the 1098-T on their tax return, unless the
scholarships/grants exceed the qualified education expenses, then the you will report the 1098-T and all other
educational expenses and scholarships/grants on the your tax return. If the you
are required to file a return to for any reason, and qualify to be claimed
as dependent on your parent's return, then you will need to indicate
on your tax return, that you can be claimed by someone else. You can see
the following link for more information:
TurboTax
Guide to Form 1098-T
To enter your Form 1098-T you can follow the instructions listed below:
- Sign into your TurboTax Online account
- Choose to Continue your return/Take me to my return
- Click on Federal Taxes
- Click on Deductions & Credits
- Click on "Check for more tax breaks"
- Click on "Skip to all tax breaks"
- Locate the section titled, "Education" and click to "Show more"
- Click to start the area titled Expenses and Scholarships (Form 1098-T) and enter your information
