topic I’m 24 years old and full time student.. I have received my 1098T form from my school.. my question is can my parents do this form in their tax return? in Education https://ttlc.intuit.com/community/college-education/discussion/i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-question-is/01/1061284#M24796 Sat, 01 Feb 2020 19:04:56 GMT Youstinageorgi 2020-02-01T19:04:56Z I’m 24 years old and full time student.. I have received my 1098T form from my school.. my question is can my parents do this form in their tax return? https://ttlc.intuit.com/community/college-education/discussion/i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-question-is/01/1061284#M24796 Sat, 01 Feb 2020 19:04:56 GMT https://ttlc.intuit.com/community/college-education/discussion/i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-question-is/01/1061284#M24796 Youstinageorgi 2020-02-01T19:04:56Z Re: I’m 24 years old and full time student.. I have received my 1098T form from my school.. my question is can my parents do this form in their tax return? https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-question/01/1061307#M24799 <P>Are you being claimed as a dependent on their tax return?&nbsp; If so, then the Form 1098-T would be entered on their tax return.&nbsp; If you are not a dependent then only you can enter the form on your tax return.</P> Sat, 01 Feb 2020 19:07:58 GMT https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-question/01/1061307#M24799 DoninGA 2020-02-01T19:07:58Z Re: I’m 24 years old and full time student.. I have received my 1098T form from my school.. my question is can my parents do this form in their tax return? https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-question/01/1061452#M24802 <P>My income this year is 5062$ but my federal tax is 10$ so I’m not gonna file a tax Return.. can my parents claims me as a dependent ?</P> Sat, 01 Feb 2020 19:31:02 GMT https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-question/01/1061452#M24802 Youstinageorgi 2020-02-01T19:31:02Z Re: I’m 24 years old and full time student.. I have received my 1098T form from my school.. my qu... https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-qu/01/1061632#M24808 <P>Possibly, the rules for claiming a dependent states that the person must be under 24 and a full-time student who did not provide over half of their own support (among other qualifications).&nbsp;&nbsp;</P> <P>&nbsp;</P> <P>Take a look here for more information:&nbsp; <A href="https://ttlc.intuit.com/community/credits-and-deductions/help/who-can-i-claim-as-my-dependent/00/26781" target="_blank">Who can I claim as my dependent?</A></P> Sat, 01 Feb 2020 19:57:52 GMT https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-qu/01/1061632#M24808 AnnetteB6 2020-02-01T19:57:52Z Re: I’m 24 years old and full time student.. I have received my 1098T form from my school.. my qu... https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-qu/01/1061815#M24817 <P>It seems like the answer not related to my question.. should I file tax return because I’m 24 years old? I really don’t understand your answer.. can my parents claim me as a dependent? &nbsp;</P> Sat, 01 Feb 2020 20:23:53 GMT https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-qu/01/1061815#M24817 Youstinageorgi 2020-02-01T20:23:53Z Re: I’m 24 years old and full time student.. I have received my 1098T form from my school.. my qu... https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-qu/01/1062025#M24829 <P>My apologies, I should have been more specific.&nbsp;&nbsp;</P> <P>&nbsp;</P> <P>Based on the information that you shared, if you were born in 1995 or earlier, you are too old to meet the exception for full-time students to be claimed as a dependent, and your income was too high.</P> <P>&nbsp;</P> <P>If you were born in 1996 or later and you were a full-time student not providing over half of your own support, then you can be claimed as a dependent by your parents, regardless of your income.</P> Sat, 01 Feb 2020 20:52:21 GMT https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-qu/01/1062025#M24829 AnnetteB6 2020-02-01T20:52:21Z Re: I’m 24 years old and full time student.. I have received my 1098T form from my school.. my qu... https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-qu/01/1062194#M24835 <P>I got it.. thank u so much for your answer.. I just have one more question.. should I file tax return if my gross income is 5062$ ? Or it’s up to me since I’m single and I’m living with my parents?</P> Sat, 01 Feb 2020 21:13:24 GMT https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-qu/01/1062194#M24835 Youstinageorgi 2020-02-01T21:13:24Z Re: I’m 24 years old and full time student.. I have received my 1098T form from my school.. my question is can my parents do this form in their tax return? https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-question/01/1062310#M24838 <P>with one exception... if Box 5 exceeds Box 1, that difference goes on&nbsp; the student's tax return and not the parents.......</P> Sat, 01 Feb 2020 21:27:29 GMT https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-question/01/1062310#M24838 NCperson 2020-02-01T21:27:29Z Re: I’m 24 years old and full time student.. I have received my 1098T form from my school.. my qu... https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-qu/01/1062332#M24841 <P>If the money you made is earned income (from working and receiving a W-2), then you are not required to file a return.&nbsp; If it is unearned income (from interest, dividends, investments), then you would be required to file a return if you are also being claimed as a dependent.&nbsp;&nbsp;</P> <P>&nbsp;</P> <P>You may want to file a return if you had Federal or state taxes withheld.&nbsp;&nbsp;</P> <P>&nbsp;</P> <P>To learn more, take a look at the following TurboTax article:&nbsp; <A href="https://ttlc.intuit.com/community/filing-and-paying-taxes/help/do-i-need-to-file-a-federal-return-this-year/00/25546" target="_blank">Do I need to file a Federal return this year?</A></P> <P>&nbsp;</P> Sat, 01 Feb 2020 21:31:25 GMT https://ttlc.intuit.com/community/college-education/discussion/re-i-m-24-years-old-and-full-time-student-i-have-received-my-1098t-form-from-my-school-my-qu/01/1062332#M24841 AnnetteB6 2020-02-01T21:31:25Z