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Who should enter1098T information if my parents claim me as a dependent?

 
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Hal_Al
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Who should enter1098T information if my parents claim me as a dependent?

Q. Who should enter1098T information if my parents claim me as a dependent?

A.   If you are a dependent, then your parents will claim the tuition credit. They will enter the 1098-T, even though it is in your name.

 

That's the usual answer. If your scholarships, shown in box 5 of the 1098-T is more than the tuition in box 1, some of your scholarship may be taxable and you will need to enter the 1098-T on your return.

 

For more on the 1098-T, see: 

https://ttlc.intuit.com/community/college-education/discussion/i-need-help-with-1098t-section-colleg...

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1 Reply
Hal_Al
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Who should enter1098T information if my parents claim me as a dependent?

Q. Who should enter1098T information if my parents claim me as a dependent?

A.   If you are a dependent, then your parents will claim the tuition credit. They will enter the 1098-T, even though it is in your name.

 

That's the usual answer. If your scholarships, shown in box 5 of the 1098-T is more than the tuition in box 1, some of your scholarship may be taxable and you will need to enter the 1098-T on your return.

 

For more on the 1098-T, see: 

https://ttlc.intuit.com/community/college-education/discussion/i-need-help-with-1098t-section-colleg...

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