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Education
It depends. You may wish to review your 2021 return to review your entries to see how you entered the data. One thing very clear though is that the university must be an eligible institution in short though, to claim the credit, the foreign university must participate in Federal Student Aid programs (FASA). In order to receive an education credit, the Federal Student Aid outlines the following requirements in their website.
- U.S. federal tax laws require each postsecondary educational institution that is an eligible educational institution to file Form 1098-T reporting payments of qualified tuition and related expenses received from, or on behalf of, the student and furnish a copy to the student.
- In addition, each postsecondary educational institution must include its EIN on Form 1098-T. This is a provision of 26 U.S.C. § 6050S.
At this point, you may need to inquire to the school to see if they participate in FASA and if they have an EIN. If they have a valid EIN, you may be able to claim an educational credit without the 1098-T. Without it, you wouldn't be able to claim the AOTC.
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February 7, 2023
5:14 AM