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I am so confused over the whole college tax credit for my son! His pre-paid covered his tuition. He got scholarship for dorms. But we still paid for required computer.
My question is, WHY ON EARTH doesn't Turbo Tax walk you through this a little better? Lol! I expected more for the fee I'm paying. All I want to know is, after my son's QTP and scholarships are applied, are we still able to claim the computer that was a requirement? And does he absolutely have to claim the prepaid plan on his own tax return? If so, that's just ridiculous. I can understand having to claim the scholarship. This is just so confusing. I thought Turbo Tax was going to simplify this for me a little more. Even reading through many other parents' posts on the same subject, I still can not figure it out and I'm regretting not having a profession just do it for me.
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‎June 4, 2019
12:00 PM