topic Text Book Deduction and form 8863 in Education

Text Book Deduction and form 8863

Txchili2021 — Sat, 06 Mar 2021 20:26:59 GMT

Hi,

My son is a full time student and I am claiming him as a dependent and I am taking the 1098-T deduction. I filed a return on my son's behalf and it was rejected for an error on form 8863. On his return, we are claiming a deduction for books and other school expenses not reported on the 1098-T.

I filed through TT. The IRS kicked the return back because his SSN was reported on a different 8863 (I'm guessing mine). How can we claim these expenses on his return without duplicating the 8863?

Thnx.

[Edited to correct typo]

Re: Text Book Deduction and form 8863

Hal_Al — Sun, 07 Mar 2021 02:22:15 GMT

Since he is your dependent, he is not allowed to file form 8863. That is, he is not allowed a tuition credit, even though he paid for his own books. That is, he is not allowed to claim any education expenses.

You may add his book costs to your claim on form 8863. But, if you have already claimed at least $4000 of tuition expense, the additional book cost will not increase your credit.

Re: Text Book Deduction and form 8863

KrisD15 — Sun, 07 Mar 2021 20:00:13 GMT

If the student is your dependent, you claim ALL the education expenses for a credit.

If there is any taxable income, (more scholarship than expense) the student claims the income.

You both should not have a Form 8863.

IRS Pub 970

Re: Text Book Deduction and form 8863

Txchili2021 — Sun, 07 Mar 2021 22:11:45 GMT

Thank you very much. I made the changes and re-filed his taxes.

Re: Text Book Deduction and form 8863

Txchili2021 — Sun, 07 Mar 2021 22:13:58 GMT

Thank you very much. I appreciate the expanded explanation.