MindyB
Expert Alumni

Education

Unfortunately, you'll not be able to claim any education credits for your dependent as your MAGI is greater than the maximum for a joint filer, which is $180,000.

 

It might be beneficial to analyze if your son is actually your dependent or if he's independent (Rules for Claiming Dependents on Taxes).  If he doesn't meet the qualifications to be your dependent, he could potentially benefit from an education credit, even if you paid the bill.  He'll report the 1098-T on his tax return if so.

 

See: Education credits - AOTC and LLC, How do Education Tax Credits Work?