- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can my parents and i both deduct educational expenses
I assume only the child or the parents can claim amounts paid for college both but it is not spelled out that way
Topics:
posted
June 4, 2019
4:20 PM
last updated
June 04, 2019
4:20 PM


1 Reply
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Can my parents and i both deduct educational expenses
No, both the parents and the student can NOT deduct (claim) the educational expenses. If your parents are claiming you on their tax return as a dependent then they are allowed to claim the qualified education expenses. However, if your parents are not claiming you then you would be allowed to claim your education expenses on your tax return.
June 4, 2019
4:20 PM
Still have questions?
Make a post