10/12/2026
🎓📚 ATTENTION PARENTS OF FIRST-TIME COLLEGE STUDENTS! 📚🎓
Did your son or daughter start college? Parents, let's talk about the 1098-T Tuition Statement! 💰🎓
Did you know that your college student may qualify for valuable education tax credits when it's time to file taxes? 👀💵
📌 WHAT IS FORM 1098-T?
It's a tax form provided by your student's college or university that reports information about qualified tuition and related educational expenses.
💰 WHY IS IT IMPORTANT?
Your student may qualify for education tax benefits, such as:
✅ American Opportunity Tax Credit — worth up to $2,500 per eligible student.
✅ Lifetime Learning Credit — worth up to $2,000 per tax return.