Student Loan & Education Tax Topics

Education

Education: Deductions, Credits, and Answers

There’s no doubt about it, education tax benefits can make a huge difference in your refund. The American Opportunity Tax Credit (AOTC) typically offers the largest tax break. But if you don’t qualify for that, there’s always the Lifetime Learning Cr... read more

Parent is recipient of 1099Q distribution that was used to pay child dependent beneficiary qualified education expenses. TT-2025 appears to incorrectly calculate the distributation as taxable..

The parent took a distribution from their 529 account (parent is the account owner) in 2025 to pay their dependent child beneficiary's qualified education expenses, for example college tuition. The dependent child is named as the beneficiary on the 5... read more

I was a full time student for half the year, being supported by my parents. I started my first job in August and have supported myself since. Should I file as a student?

I'm recognized as an independent student federally. How can I be claimed as a dependent?

I qualified last year for the American Opportunity Tax Credit. This year I do not qualify, even though nothing has changed.

How report 1098T with excess scholarship

Hi. I’d like to know if and how I can utilize the AOTC tax loophole. My child has $8760 in earned income from a job. On the 1098T $38578 is in box 1 and 45063 in box 5. Box 7 and 8 are checked. She has a school awarded scholarship that is “the value ... read more

where do i enter my 529 plan contributions in turbo tax online for illinois

Form 1098T, Education Tax Credit and Dependency Determination

Hello. I have some questions regarding Form 1098-T and student dependency. I apologize in advance for my lengthy post as I was trying to provide sufficient background. Our son is a full-time student (under 24) who received a 1098-T for 2025: Box 1-Qu... read more

Where do you select dependent is a full-time student?

Box on front page is not checked and need to indicate dependent is full-time student

How do I enter HELOC interest under $600 without a 1098?

This answer has been verified for accuracy by an Intuit expert employee Why doesn't turbotax allow me to enter qualified education expenses like room & board? is their a problem with the software?

It allows books and supplies to be entered if charged by the institution, and indicates other expenses can be entered later, but it never then prompts for other expenses before moving out of the 1098-T and 1099-Q sections in the online version.

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Turbo Tax is not allowing me to input qualified education expenses from my 529 plan withdrawals.

Background. I have had 529 plans for my daughters for 25 years and have used Turbo Tax for about 30. The last 10 years I have entered qualified education expenses from 529 withdrawals into Turbo Tax with no big issues. This year, I input the 1099-Q i... read more