KrisD
Intuit Alumni

Education

YES

You can claim expenses for education expenses of the year and the first 3 months of the next year.

However; you might not meet the requirement of having been a full-time student for eligibility of certain credits.

According to the IRS:

“Prepaid expenses. Qualified education expenses paid in 2016 for an academic period that begins in the first 3 months of 2017 can be used in figuring an education credit for 2016 only. See Academic period, earlier. For example, if you pay $2,000 in December 2016 for qualified tuition for the 2017 winter quarter that begins in January 2017, you can use that $2,000 in figuring an education credit for 2016 only (if you meet all the other requirements). “

CLICK HERE for IRS Pub 970 Tax Benefits for Education



View solution in original post