ThomasM125
Expert Alumni

Education

If you are a dependent of your parents, then they should normally enter the form 1098-T on their tax return, as they are the only ones that can qualify for an education credit.

 

However, if your form reports more scholarship income (box 5) then tuition expense (box 1), your parents won't qualify for a credit and you should then enter the form on your tax return, as you may have taxable income.

 

 

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