Education

Yes, you can claim the expenses.  More than likely, you will qualify for the Life Time Learning Credit.  (Explained Later)

To Enter your Education Expenses with or without a Form 1098-T:

1. Select "Federal Taxes" at the top of the page
2. Select the "Deductions & Credits" sub-tab
3. Scroll down to "Education Expenses" and select "Show More"
4. Select "Start" next to "Expenses and Scholarships (Form 1098-T)"

5.  When asked if you have a 1098-T, say "No" and continue.  

Education tax credits can help you with higher education costs by reducing the amount of tax you owe. There are two credits available, the American Opportunity Tax Credit and the Lifetime Learning Credit. We check both of them for you.

American Opportunity Tax Credit (AOTC)

You can use this credit for the first four years of college when working towards a degree.

• The maximum credit is $2,500 per eligible student.
• Must be enrolled at least half time for at least one semester during the tax year.
• Up to $1,000 can be refunded to you.

Lifetime Learning Credit

There is no limit on the number of years you can use this credit for undergraduate, graduate, and professional degree courses, including ones to improve job skills.

• The maximum credit is $2,000 per tax return.
• Can be used when you're only taking one class.
• You don't need to be working towards a degree.
• None of the credit is refundable.

One of the advantages of the Lifetime Learning Credit is that you can take the credit every year for higher education, as long as you meet all of these qualifying requirements:

• You, your dependent, or a third party paid qualified education expenses for higher education
• The qualified education expenses were for an eligible student
• The eligible student is you, your spouse, or a dependent on your tax return
• For the full credit, your 2020 MAGI (modified adjusted gross income) is less than $59,000 ($118,000 if you are filing jointly)
  • For a reduced credit, your MAGI is between $59,000 and $69,000 ($118,000 and $138,000 if you're filing jointly)