To report college tuition payments made in 2024 and claim education credits on a paper tax return, follow these steps:
- Obtain Form 1098-T: Get this form from your educational institution. It reports the amount of tuition paid.
- Complete Form 8863: Use Form 8863 to claim the American Opportunity Tax Credit (AOTC) or the Lifetime Learning Credit (LLC). You can find the instructions here.
- Attach Form 8863 to Form 1040: After completing Form 8863, attach it to your Form 1040.
- Mail Your Return: Send your completed tax return to the IRS. You can find the appropriate mailing address based on your location here.
