Education Credits

[fasteddie577]

Helping my son with his tax return. For the education credits and the reported the tuition, books, course material expenses, do I report only the expenses that were paid in 2019 or do I report the actual expenses whether paid or not? For example the 2019 spring semester is usually billed in November/December of 2018. Thanks

[DianeC958]

You only report the expenses that were paid in 2019.  

You are a cash basis tax payer and your report income and deductions/expenses in the year the actually occurred.

[fasteddie577]

Thank you DianeC958. Great job!