Per IRS Publication 970 Tax Benefits for Education, page 11: "Qualified education expenses paid by a dependent you claim on your tax return, or by a third party for that dependent, are considered paid by you". The educational institution sends a Form 1098-T Tuition Statement to the student to report the expenses. For more details about what is reported on Form 1098-T, go to our Form 1098-T - Boxes in Detail FAQ.
Start the Student Information Worksheet in your TaxAct return, and report Form 1098-T (if you need help accessing the Student Information Worksheet, go to our Student Worksheet Entries FAQ):
Note that any link in the information above is updated each year automatically and will take you to the most recent version of the webpage or document at the time it is accessed.