Per IRS Publication 970: "Qualified education expenses paid by a dependent you claim on your tax return, or by a third party for that dependent, are considered paid by you." The educational institution sends a Form 1098-T Tuition Statement to the student to report the expenses. For more details about what is reported on Form 1098-T, go to our Form 1098-T - Boxes in Detail FAQ.

Start the Student Information Worksheet in your TaxAct return, and report Form 1098-T (if you need help accessing the Student Information Worksheet, go to our Student Worksheet Entries FAQ):

1. From within your Student Information Worksheet, continue with the interview process until you reach Student Information - Educational Institution.
2. Below Did [student name] receive Form 1098-T from this school for 20YY?, click the circle next to Yes.
3. On the screen titled Tuition Statement- Summary click Edit next to the student's name
4. On the screen titled Tuition Statement - Information, enter your 1098-T information.

Related Links

• Form 1098-T - Tuition Statement Not Received
• American Opportunity Credit
• Lifetime Learning Credit