Who can claim a Hope or Lifetime Learning Tax Credit or the Higher Education Tuition and Fees Deduction?
An eligible taxpayer who incurred the cost of the qualified tuition payments may claim them. An eligible taxpayer may be the student or, if the student is a dependent for federal income tax purposes, the person (e.g., parent) claiming the student as a dependent. A student who is a dependent cannot claim the tax credits or deduction on his or her own tax return. If an employee of the university has tuition or fees paid by the university, the employee cannot claim the tuition or fees paid by the university as a tax credit or deduction even if the tuition or fees paid by the university is included on the 1098-T.
Related Questions
- I paid my qualified tuition and related expenses with student loans. Can I still claim a Hope or Lifetime Learning Tax Credit or the Higher Education Tuition and Fees Deduction?
- Who can claim a Hope or Lifetime Learning Tax Credit or the Higher Education Tuition and Fees Deduction?
- May a person claim both the Hope Tax Credit and the Lifetime Learning Tax Credit in the same year?
