Deduct scholarships, grants, employer payments. However, student loans to be repaid may be used. You may only declare portion you have paid. Time limit is any two consecutive calendar years, not academic years. Each student only Hope or Lifetime Learning per tax year.
Maximum credit is per student.
If refund, payable to tax filer, not to dependents. Use 1098T to complete IRS form 8863, file with 1040 return. Free Internet access is available to our students at all KCC sites. KCC is not liable for any federal tax interpretation.