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March 3, 2021
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1098-T

  • March 3, 2021
  • 1 reply
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I paid my non-dependant son's tuition from a 529 for which I am the custodian. The 1098-T came in his name. Who gets to enter the 1098?

 Do I still get to deduct the tuition, room and board and school supplies as well?

Thank you.

    Best answer by KrisD15

    If the student is not your dependent, and he is the beneficiary on the account, you don't report the distribution. You also would NOT report any of the student's education expenses

     

    If he claims himself, he claims the distribution.  He would also claim the education expenses and an education credit if eligible, 

     

     

     

    1 reply

    KrisD15
    KrisD15Answer
    Level 15
    March 3, 2021

    If the student is not your dependent, and he is the beneficiary on the account, you don't report the distribution. You also would NOT report any of the student's education expenses

     

    If he claims himself, he claims the distribution.  He would also claim the education expenses and an education credit if eligible, 

     

     

     

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