A client lost his job and the Trade Act is paying for his college tuition. My client received a Form 1098-T Tuition Statement with an $$amount in box 2 & box 8 is checked as 'at least a half-time student.
My question: Even though my client is not paying, but the Trade Act is, can my client claim the credit? I'm thinking he cannot, so I don't understand why he would even receive the 1098-T.
Thank you in advance for your feedback.
My question: Even though my client is not paying, but the Trade Act is, can my client claim the credit? I'm thinking he cannot, so I don't understand why he would even receive the 1098-T.
Thank you in advance for your feedback.
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