3227234
You'll need to sign in or create an account to connect with an expert.
No.
No is the correct answer.
And that is correct, for 2023 you were a student even when you graduated in May.
This means that if the other requirements are met, you could be eligible for the American Opportunity Tax Credit, because you did not finish the first four years of the degree before tax year 2023.
If someone else supplied more than half your support, and you were under 24 all of 2023, you could be claimed as a dependent since you are considered a student for 2023 (at least part of at least 5 months).
(this does not mean you are a dependent, only that you would fulfill the requirement of being a student)
I should also add that if you went on to grad school, those education expenses can be added to the undergrad expenses for a credit, you DO NOT need to separate them for 2023 because you were still an undergrad before 2023 started.
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.
erinnbrown9330
New Member
kitten-kittenlutz
New Member
naru_01
Level 1
illingsworthaid
New Member
illingsworthaid
New Member