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Deductions & credits
VA educational benefits are not taxable as income, and they cannot be used for the educational credits. If you did not have to pay out of pocket for educational expenses, you can just exclude the entry in TurboTax. If you did pay any required expenses out of pocket, you can enter to see if you qualify for any tax credits. TurboTax will guide you through the entry, including entering the VA payments.
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‎February 21, 2022
12:44 PM