You'll need to sign in or create an account to connect with an expert.
It depends. If you are claiming your daughter as a dependent on your return, you may be able to claim either the American Opportunity Tax Credit or the Lifetime Learning Credit.
If you are not claiming her as a dependent on your return, then no, you cannot claim her expenses on your return.
@btpwallstreet if those "monthly expenses" are not Qualified Educational Expenses (QEE), then no, you can not.
If those "monthly expenses" are living expenses, then no, they are not deductible.
Qualified Educational Expenses are generally tuition and books and anything else required for class. Room and Board is not QEE.
Living expenses (food & lodging or room & board) are not qualified expenses for claiming an education credit.
Living expenses are qualified for a tax free distribution from a 529 or ESA college savings plan.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
user17761401169
New Member
user17678548003
New Member
GCK
Level 3
hannadeac
New Member
corn_pops_41
New Member