Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
Still need to file? Our experts can get your taxes done right. 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: 
paulgrn8
New Member

I attended school 6 hours in the fall of 2017. Can I deduct the $2,279 billed in 2017. Is it the amount billed in 2017 or amount paid in 2017?

 
1 Best answer

Accepted Solutions
KittyM
Level 2

I attended school 6 hours in the fall of 2017. Can I deduct the $2,279 billed in 2017. Is it the amount billed in 2017 or amount paid in 2017?

The tax credits are based on the amount actually paid during the year - in this case, 2017.  If you are at least a half-time student, received a 1098-T and had qualifying tuition and other expenses for your education in 2017, then you may qualify for a tax credit.

View solution in original post

1 Reply
KittyM
Level 2

I attended school 6 hours in the fall of 2017. Can I deduct the $2,279 billed in 2017. Is it the amount billed in 2017 or amount paid in 2017?

The tax credits are based on the amount actually paid during the year - in this case, 2017.  If you are at least a half-time student, received a 1098-T and had qualifying tuition and other expenses for your education in 2017, then you may qualify for a tax credit.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing
Manage cookies
v
ABCDEFGHIJKLMNOPQRSTUVWXYZabcdefghijklmnopqrstuvwxyz0123456789-_~