pmac4483
New Member

Education tax credit

My Daughter is my dependent and getting a four year degree. She has a full scholarship that covers tuition within 200.00. Otherwise the only costs are paying for books and small things like parking pass. Is there any point in putting in for the education credits, if her tuition if almost fully paid? Is there any benefit? I am  not sure how they work...but it seems like its only to offset the cost of tuition and books. Her books were only around 500.00 and I doubt she has receipts. My income is 44 per year.