Student Loan & Education Tax Topics

Education

Education: Deductions, Credits, and Answers

There’s no doubt about it, education tax benefits can make a huge difference in your refund. The American Opportunity Tax Credit (AOTC) typically offers the largest tax break. But if you don’t qualify for that, there’s always the Lifetime Learning Cr... read more

how to claim money towards education fund

Education Assistance - Working Condition Fringe Benefits

I recently started graduate school in the Fall of 2025, and I receive education assistance from my employer to help pay for tuition. The benefit I receive is a Working Condition Fringe Benefit, so none of the reimbursement is taxable income above the... read more

why Turbotax tells me that i am eligible for american opportunity credit if I marked that I am being claimed as dependent by my parents and i did not enter the 1098t?

will the senior credit show upon completion?

why is the standard deduction applied but not the additional senior deduction not included yet?

1099T 1099Q 529 Final full distribution

I claim my child who graduated in Spring 25 as a dependent since I pay all the tuition and finances. I tried to distribute all of 529 toward tuition for spring semester, which was the final graduation semester, but 529 would only transfer certain amo... read more

Can I retroactively claim Educational Tax credit on 8863 forms for previous years?

This was the first year I received a 1098-T form from my university, and I claimed the American Opportunity and Lifetime Learning Tax Credit. However, I've been in school full-time and worked part-time for several years, and I don't think I've claime... read more

My son is a college student who lives at home. We are paying his tuition. Can we deduct the tuition expense and must he remain on our return or should he file his own?

If my student paid $16000 in tuition but received a 1098-T for scholar./grants for $8500, does he claim the $8500 as unearned income, thereby invoking the Kiddie tax?

This is for a college student.

How do I bypass the automatic 1098-T for a student? It won't work because my college is outside of the US.

What is my state of residence if I'm a college student and return to my parent's home for the summer? I can be claimed on their tax return.

Where do I deduct my college student's room and board

Does a full-time student also count for high school?

I turned 18 on June 29 2025, but still went to high school last year from January to May. Would that be eligible to being a full-time student for at least five months during 2025?

1098-T with box 6 amount

Son received a 1098-T with box 6 amount. He will be filing on his own this year and he will not be claimed as a dependent on parents return. He did not receive a 1098-T last year. We still used school statements and records to file qualified expenses... read more