Should I list books and materials paid for with financial aid as an educational expense or leave it blank?

Forum|Forum|7 years ago
June 5, 2019
1 reply
16 views

I am processing my expenses for school and some were paid with my financial aid. I just want to make sure I am listing the expenses correctly.

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Anonymous

Qualified college expenses paid by financial aid cannot be claimed for credit or deductions. Only qualified expenses paid with loans or out of pocket can be claimed.

See IRS – Pub 970 as a reference.

Should I list books and materials paid for with financial aid as an educational expense or leave it blank?

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