@lovekesh-bansal , generally there is no tax refund or refundable credits for graduate studies related expenses. Non-refundable ( just reduce your tax liability only ) are available for graduate students.
Or are you talking about not being taxed for scholarships received from your home country ?
Which country are you from and are you still in the USA or back in your home country?
Thank you for response!!
I am from India currently living in U.S. and completed my masters from here and I never received any scholarship. Its just that while filing taxes, I saw a section where you can put your tuition expenses and I was confused should I put it or not. I did receive 1098-T from my college though if that matters.
You may qualify for the Tuition and Fees Deduction or the Lifetime Learning Credit.
What is the Tuition and Fees Deduction?
@lovekesh-bansal , whereas the answer from @KarenJ2 is generally correct, please note that depending on your immigration status and filing status affect if you would be able to take advantage of one or the other of these two benefits. Suggest using the IRS website for getting detailed information on this.
Hope this helps
Namaste ji
@lovekesh-bansal , whereas the answer from @KarenJ2 is generally correct, please note that depending on your immigration status and filing status affect if you would be able to take advantage of one or the other of these two benefits. Suggest using the IRS website for getting detailed information on this.
Else if you are filing form 1040 ( i.e. you are a resident alien for tax purposes ), let TurboTax go through and guide you on this -- it will do it correctly.
Hope this helps
Namaste ji
Thank you for the response!! How do I let TurboTax guide me on this. I am already answering all the questions they are asking me, what additional step should I take so that they go through all of it?
Best Regards!!