Taxpayers will receive a Form 1098T from their educational institution to report tuition and scholarship amounts. We developed a worksheet (below) to assist tax preparers in calculating the correct amounts for either education credit (American Opportunity Tax Credit or Lifetime Learning Credit).
Education Credit Worksheet
The documents provided above are not responsible in assisting/preparing a correct tax return. The available forms are only for documenting additional documentation and are not subject to any regulations set forth in Circular 230 of the IRS.