I am 19 years old. I got 2024 Form 1098-T from my college, my parents claim me as a dependent. I understand only my parents can report 1098-T on their tax. But when I am doing my 2024 tax on Turbotax, I am asking a question: "Do you have any higher education expenses in 2024?"
Should I answer YES or NO for this question since only my parents can report Form 1098-T on their tax and I do have Form 1098-T under my name?
You'll need to sign in or create an account to connect with an expert.
Answer "No." Because you are a dependent, those expenses are your parents, not yours.
Select no to the 1098-T. You should mark that you are being claimed by someone else in the personal info section. Once that is marked, you won't be able to file the 1098-T or claim the expenses.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
vikrant-kothari
Level 2
ShakespeareGeek
New Member
in Education
A-LO
New Member
in Education
julie-k-cone
New Member
in Education
suzyandjesse
Returning Member
in Education