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Old 02-16-2013, 08:09 PM
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Join Date: Feb 2013
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1098-t

Do I claim the billed tuition (block 2), minus scholarship amount (block 5), from my dependent's 1098-T?

Thank you.



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Old 02-16-2013, 08:54 PM
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The edu credit is taken on which ever return the dependency is taken on. Therefore the 1098-T would go on the parents return; The only way a dependent can claim an education benefit is if the parents do not claim a dependency exemption(due to higher AGI) for the dependent. Even so, the dependent cannot claim an exemption. It is rare that the family as a whole would get a bigger tax savings by doing this, but there are some situations where that is the case.



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