topic College tuition in Education

College tuition

Ninabaum — Tue, 02 Mar 2021 17:24:43 GMT

Previously (2019 and before) I claimed my daughter while in college and the total amount on the 1098-t was used on my taxes. I paid for the college tuition out of my checking account. This year my daughter claimed herself and claimed the full amount on the 1098-t. However, $9000 of that money came from my checking account and the remaining $4000 were student loans that were in her name. Should I be able to use the $9000 that was paid from my checking account (not a loan....my money) on my 2020 taxes?

Re: College tuition

DoninGA — Tue, 02 Mar 2021 17:27:20 GMT

Since she was not claimed as a dependent on your tax return you cannot enter any education expenses for her on your tax return.

She gets to claim those expenses on her tax return.

Re: College tuition

Ninabaum — Tue, 02 Mar 2021 17:30:56 GMT

Thank you for the reply. That definitely answers my question.