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New Member
posted Mar 3, 2021 6:18:07 PM

Where can i get school tax credit ?

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2 Replies
Expert Alumni
Mar 3, 2021 8:13:38 PM

You may qualify for an education tax credit if you attend school and had unreimbursed expenses for tuition, books and supplies. You need to not be listed as a dependent to potentially qualify for an education credit.

 

Use these menu tabs in TurboTax to see if you qualify:

  1. Deductions and credits
  2. Education
  3. Expenses and Scholarships (Form 1098-T)

You need to work through that section even if you did not receive a form 1098-T.

Level 15
Mar 4, 2021 4:52:02 AM

There's a new urban myth among college students that says they can get a $1000 from the government just for filing a tax form. For most of them, they simply aren't eligible. A full time unmarried student, under age 24, even if you don't qualify as a dependent, is only eligible for the refundable portion of the American Opportunity Credit if he supports himself by working. You cannot be supporting yourself on parental support, 529 plans or student loans & grants. You usually must have actually paid tuition, not had it paid by scholarships & grants.  It is usually best if the parent claims that credit. 

You cannot claim a credit if you are, or can be, claimed as a dependent by someone else.