Found 10 Matching Items; Displaying 1 - 10.
If I pay college tuition and fees with a tax-free scholarship, can I claim an education credit on Form 8863 for those payments?
If I pay college tuition and fees with a tax-free scholarship, can I claim an education credit on Form 8863 for those payments?
Frequently Asked Questions
If the amount of my qualified tuition and related expenses is greater than the amount of my scholarship, may I claim the excess expenses on Form 8863?
If the amount of my qualified tuition and related expenses is greater than the amount of my scholarship, may I claim the excess expenses on Form 8863?
Frequently Asked Questions
How is the amount of an education credit determined?
How is the amount of an education credit determined?
Frequently Asked Questions
Last year, my parents and I both took out student loans to pay for my education. We both received Form 1098-E for our separate loans. I wasn't their dependent last year. Can we both claim student loan interest on our tax returns?
Last year, my parents and I both took out student loans to pay for my education. We both received Form 1098-E for our separate loans. I wasn't their dependent last year. Can we both claim student loan interest on our tax returns?
Frequently Asked Questions
Who can claim the American opportunity tax credit?
Who can claim the American opportunity tax credit?
Frequently Asked Questions
My employer paid me additional compensation to cover my graduate school tuition, paid the tuition directly to the graduate school, and included it on my W-2 as wages. The program improves skills needed in my current field of employment but doesn't qualify me for a new trade or business. Can I claim this educational expense on my tax return and, if so, where do I claim the expense?
My employer paid me additional compensation to cover my graduate school tuition, paid the tuition directly to the graduate school, and included it on my W-2 as wages. The program improves skills needed in my current field of employment but doesn't qualify me for a new trade or business. Can I claim this educational expense on my tax return and, if so, where do I claim the expense?
Frequently Asked Questions
I received a Segal AmeriCorps Education Award and an income statement for it. Are these payments taxable?
I received a Segal AmeriCorps Education Award and an income statement for it. Are these payments taxable?
Frequently Asked Questions
My spouse and I both work and are eligible for the child and dependent care credit. May I include my 5-year-old son's private kindergarten tuition as a qualified expense on Form 2441, Child and Dependent Care Expenses?
My spouse and I both work and are eligible for the child and dependent care credit. May I include my 5-year-old son's private kindergarten tuition as a qualified expense on Form 2441, Child and Dependent Care Expenses?
Frequently Asked Questions
I cashed some Series E, Series EE, and Series I savings bonds. How do I report the interest?
I cashed some Series E, Series EE, and Series I savings bonds. How do I report the interest?
Frequently Asked Questions