If you've been shooting for a gram of protein per pound of body weight--or more--you're overdoing it. Your body won't be able to process those extra calories, and they'll ultimately end up as just one thing: fat.
A: Form 1098-T has been provided to assist in determining if you (or an individual who may claim you as a dependent) are eligible to claim a Hope Scholarship or Lifetime Learning Credit on the income tax return.: Yes. Your 1098-T will report any amount invoiced to your account from January 1 to December 31 of the tax year, not the amount paid. Box 7 will be checked on your form showing that your amount in Box 2 includes amounts for terms beginning in the first three months of the next year.
When you pay the post-secondary school costs, even for a high school student, the school sends you a Form 1098-T at the end of the year that shows how much you paid. When you file your taxes, you have to use either Form 1040 or Form 1040A. To claim the tuition and fees deduction, you have to use Form 8917.or example, if your child enrolls in a biology course at the local college as part of an early-entry program while he's still in high school, you could use the tuition that you pay to the college for the deduction. The deduction is limited to $4,000 per year.