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Source of funding on 1098-T for our son, a dependent, was thru our church. Understood from a post, that fund source can be a gift not from us and be claimed. Verify?

 
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Level 10

Source of funding on 1098-T for our son, a dependent, was thru our church. Understood from a post, that fund source can be a gift not from us and be claimed. Verify?

Yes, that's correct.  IRS publication 970 (https://www.irs.gov/pub/irs-pdf/p970.pdf) states on page 11:

Generally, you can claim the American opportunity credit if all three of the following requirements are met.

You pay qualified education expenses of higher education.
You pay the education expenses for an eligible student.
• The eligible student is either yourself, your spouse, or a dependent you claim on your tax return.

Note. Qualified education expenses paid by a dependent you claim on your tax return, or by a third party for that dependent, are considered paid by you.



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Level 10

Source of funding on 1098-T for our son, a dependent, was thru our church. Understood from a post, that fund source can be a gift not from us and be claimed. Verify?

Yes, that's correct.  IRS publication 970 (https://www.irs.gov/pub/irs-pdf/p970.pdf) states on page 11:

Generally, you can claim the American opportunity credit if all three of the following requirements are met.

You pay qualified education expenses of higher education.
You pay the education expenses for an eligible student.
• The eligible student is either yourself, your spouse, or a dependent you claim on your tax return.

Note. Qualified education expenses paid by a dependent you claim on your tax return, or by a third party for that dependent, are considered paid by you.



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