topic Re: Tuition in Education

Tuition

BKGerm — Tue, 18 May 2021 01:39:31 GMT

Can I deduct my daughters college tuition which was paid from my savings?

Re: Tuition

Hal_Al — Tue, 18 May 2021 02:29:15 GMT

You must be claiming the student as a dependent, in order to claim the tuition credit or deduction.

If the student claims himself, he may count the money you paid, in calculating the credit.

If the other parent claims the student as a dependent, that person may count the money you paid, in calculating the credit.

Re: Tuition

Carl — Sun, 23 May 2021 02:52:03 GMT

The parent(s) who claim the student as a dependent on their tax return, can claim the out of pocket tuition paid. It does not matter who may have actually paid that out of pocket tuition amount either.