turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

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

My daughter is a senior in high school and doing running start where we as the parent do not pay tuition only pay labs fees, books. How do I answer questions on this?

 
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
Carl
Level 15

My daughter is a senior in high school and doing running start where we as the parent do not pay tuition only pay labs fees, books. How do I answer questions on this?

Don't answer then at all. Save this for her first full year in college as a full time college student. (That will be the first college semester after graduationg high school) There are some education deductions you get, and you only get them for four years and that's it. Those deductions can not exceed your out-of-pocket expenses each year either. So right now, your out of pocket expenses are dirt low, and not worth wasting a year of credit qualification on. Some of these credits are as much as $2500/year, and are limited to below that, if your out of pocket expenses are below that.

If you use one of your years now, then in her most expensive last year, you'll not qualify for them and it will hurt financially too.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question