No, you do not both enter the Form 1098-T on your returns. Below is some advice from a TurboTax help article:
Parents: If the student listed on the 1098-T is your dependent, enter the 1098-T on your return, even if your dependent paid the tuition
Students: If you're not being claimed as a dependent, enter the 1098-T on your return regardless of who paid the tuition, unless it was your employer. In that case, just keep the 1098-T with your tax records
To learn more:
Where do I enter Form 1098-T (Tuition Statement)?
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