Yes, report your 1098-T on your tax return for yourself, your spouse, or your dependent. It includes payments received by the institution for tuition, scholarship and grant info,, and adjustments. The information on the 1098-T needs to be reported to claim education credits.
For additional information, refer to the TurboTax articles Guide to Tax Form 1098-T: Tuition Statement and What Are Education Tax Credits?
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