topic 1098-T form in Education

1098-T form

Gilberto — Wed, 15 Apr 2020 17:36:32 GMT

Can I get my 1098-T refund if all my college expenses are paid with my financial aid? I didn't get any loans

Re: 1098-T form

JulieS — Thu, 16 Apr 2020 18:06:09 GMT

No, you can't claim education expenses for a deduction or credit unless you paid them, or took out loans to pay them.

Re: 1098-T form

Hal_Al — Thu, 16 Apr 2020 19:21:50 GMT

Maybe. How old are you and how do you support yourself?

If you are a student, over age 23, and are not claimed as a dependent by someone else (e.g. your parent) you may be eligible for the up to $1000 refundable American Opportunity (tuition) Credit. That credit is not dependent on having either kids or earned income. You must be at least a half time undergraduate student. There's even a loop hole available to claim the credit, if you are on scholarship.