Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Your taxes, your way. Get expert help or do it yourself. >> Get started
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 
sbrytowski
New Member

Can I deduct college tuition and expenses that I paid for my child even if they made too much money for me to claim them as a dependent?

What's the difference between tuition credit and tuition deduction and can i use either if my child cannot be claimed by me as a dependent?
1 Best answer

Accepted Solutions
MelaineC
Level 1

Can I deduct college tuition and expenses that I paid for my child even if they made too much money for me to claim them as a dependent?

If they cannot be claimed as a dependent, you will not be able to claim their tuition.  However, they will be able to.  Tuition credit will reduce the taxes owed, while tuition Deduction reduces your taxable income.

View solution in original post

1 Reply
MelaineC
Level 1

Can I deduct college tuition and expenses that I paid for my child even if they made too much money for me to claim them as a dependent?

If they cannot be claimed as a dependent, you will not be able to claim their tuition.  However, they will be able to.  Tuition credit will reduce the taxes owed, while tuition Deduction reduces your taxable income.

About Community

Learn about taxes, budgeting, saving, borrowing, reducing debt, investing, and planning for retirement.

3.48m
Members

2.61m
Discussions

Manage cookies
v