There’s no doubt about it, education tax benefits can make a huge
difference in your refund. The American Opportunity Tax Credit (AOTC)
typically offers the largest tax break. But if you don’t qualify for
that, there’s always the Lifetime Learning Cr...read more
My daughter finished classes in fall of 2024 but she did not graduate
until the Spring of 2025. I believe she still received a partial pell
grant for some of 2025. For tax purposes can she be considered full
time? I am unsure on the pell grant situat...read more
DarksynnPosted yesterday
| Latest post 5 hours ago by
Hal_Al
I'm enrolled in a bachelor's degree program which is online and a laptop
with sufficient specifications is explicitly listed in the course
requirements. I have read multiple articles and documents that suggest a
laptop purchased for such an online de...read more
There only seems to be an option for expenses paid to the school, with a
note that other expenses would be added later, without actually allowing
me to add them at any later point.
We will be claiming our 19-year-old son as a dependent on our tax
return. He has a 1098T with $4,947 in box 1 and $10,249 as scholarships
in box 5. In order to maximize our AOTC on OUR return, I'm assuming he
needs to claim some of the amount in box ...read more