by Kyra Bridges
(Dekalb, IL)
I'm a full-time independent student who has a dependent. I only worked two weeks out of this year through a program called put Illinois to work.
I wanted to know could I still file off of being a student or of the two weeks I worked. I also wanted to know if those two weeks have already been accounted for in last year's tax return. Thanks
Comments for Education Income Tax Question
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by Schel
(New York)
Can I claim education credit if I paid for school in 2010, but attended the year before?
by April Booth
(Greenville wva usa)
jon and arndrea agi is 79,000 they have 3 kids one is a senior in high school her expences is $2,500 one is a freshman in college her expenses is $5,000 and one is a senior in college his expences is $ 6,000 and andrea took a computer class which costed $500 what education credits do they qualify for and why??
My daughter started college last fall (2010) at a four year state university, we live in Florida. My husband and I bought the Florida Prepaid College (529) and we received a 1099-G from them showing the dispersement, basis, and earnings. We received a 1098-T from her university only showing box 2 (qualified tuition) and her Florida Bright Futures scholarship amount of $2,000. Here is the issue, the amount in box 2 is just a small portion (a little more than $500) of her tuition, the other $1600+ was paid through Florida Prepaid College Fund, the state ran 529.
The University deducted fees and books and whatever else and refunded our daughter the rest of the Bright Futures, some $900+.
First of all, how do I take the deduction or credit for learning or whatever for the dispersement from the Florida Prepaid when the university is not reporting it?
Secondly, is tax due on the portion of the Bright Future's that was refunded to her because we had a 529 for her tuition? If the taxes are due, whose return do they go on, ours or hers. She is our dependent, she lived with use until January of this year (2011) and we support her (pay her car and insurance, medical insurance, clothes, food, etc., this semester for the first time she got some student loan funds, but not in 2010). She also earned money last year, some $9500 and is filing a tax return.
Also, I was advised that she does not need to report the 1099-G on her tax return as no taxes are due on the earnings because the entire dispersement was used for tuition. Is this true?
Thank you for your help.
by Lynn Searcy
(Weston, MO)
My daughter graduated high school this year, hasnt started college, but still lived with us at the end of the year, she earned less than 10,000 dollars last year. Can I claim her on this years taxes?
If a person attends class while working and the class is part of a degree program is the mileage driven from work to school and school to home tax deductable? and if so which federal tax code covers this?
I was a full time student last year and i received the pell grant and that paid for all of my school and left extra to pay for needed supplies I was wondering if me and my husband could claim that as an exemption or get tax credit on it? we only made 17000 last year and paid in 830 and there is 3 dependents?
If I am a graduate assistant at a private Florida university, and am paid a certain salary, but must take most of that money and apply towards my tuition (by contract), how much is my taxable income if I only keep a small stipend?
Furthermore, I am from the Caribbean, so if I refuse to pay the amount that I owe the IRS (taxes were not withheld), which is in excess of $1000 for 2011, will they prosecute me? (I leave the US in the fall 2012 after my program is done)
Can I claim my granddaughters tutoring $$ I paid on my income tax (it is $900.00)
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