Who Reports Form 1098-T Parent or Child?

If you, the parent, claim on your tax return a dependent who is an eligible student, than you can claim the American Opportunity or the Lifetime Learning credit based on your dependent's expenses, as if you had paid them. The dependent can't claim the credit.

If you, the parent, don't claim on your tax return a dependent who is an eligible student, than your dependent can claim the American Opportunity or the Lifetime Learning credit. You, the parent, can't claim the credit based on your dependent's expenses.