in Education
115895
You'll need to sign in or create an account to connect with an expert.
No, you don't differentiate between loans and cash (including cash loans from your parents).
The only thing that must be spelled out in the education section is when you are paying for school with tax-free money such as a scholarship, employer assistance, Pell grant, etc.
If your parents are lending you money, that has nothing to do with your tax return.
No, you don't differentiate between loans and cash (including cash loans from your parents).
The only thing that must be spelled out in the education section is when you are paying for school with tax-free money such as a scholarship, employer assistance, Pell grant, etc.
If your parents are lending you money, that has nothing to do with your tax return.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
anonymouse1
Level 5
in Education
bgoodreau01
Returning Member
new-frog
Level 2
in Education
Vermillionnnnn
Returning Member
in Education
ae666999
Level 1
in Education