Form 1098-T, Tuition Statement, is sent to a student from their college and reports the following:

• The payments received for qualified tuition and related expenses;
• The amount billed for qualified tuition and related expenses;
• The amount of scholarships and grants administered and processed for the student by the college;
• If the student was considered enrolled at least-half time;
• If the student was a graduate student.

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. Per IRS Publication 970, qualified education expenses paid by a dependent you claim, or by a third party for that dependent, are considered paid by you.

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