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. |