Per IRS Publication 970 Tax Benefits for Education, page 11: "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 the screen titled Student Information - Educational Institution.
2. Below Did [student name] receive Form 1098-T from this school for 2023?, 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

Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.