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Deductions & credits
Feedback: Add several cautionary steps for college age adult student doing their own taxes using EZ expecting/wanting to get a refund to STOP and have their parents do the student's taxes instead at the same time they're doing their own. The adult, working student will not get a refund, but it's more advantageous for the parents paying for the student's college to claim the college expenses than for the student to get a refund. Recommend the student's taxes and the parents taxes be done simultaneously by the parent instead of the student doing their own taxes ahead of the parents. Because the working adult college student is using an EZ form that will most likely result in a refund, it causes problems with the parent's tax forms when they try to claim the student. Once the student submits their taxes, claiming themselves, for a refund, there's no adjusting without doing a hard copy amendment. Then, when the parents go to do their taxes and try to claim the adult student, it will result in an error. As parents, this caused us many extra hours of rework, amendments, submitting hard copies, getting tax advisor help, etc. to fix, after-the-fact, this simple issue that could have been avoided with a cautionary "Stop" had my working adult student not tried to get a silly (I think it was $30) refund. Thank-you!
‎June 3, 2019
12:10 PM