Posts Tagged ‘Taxes’
can i claim my college tuition as a deduction on my taxes?
every assemblage i intend a modify from my college. crapper i verify the teaching as a deduction. i am azygos and non-dependant.
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If your parents pay for a part of your College tuition, can they deduct that from their taxes?
I’m play in start and modify though i ‘ve conventional scholarships and grants there is ease money that needs to be stipendiary in either the modify of a give or discover of pocket. My parents are selection to clear the remaining assets meet as daylong as at small conception of it is set deductable, if not they told me that i hit to intend the loans. They are feat to be stipendiary $5,000 per semester. I’m feat to be present a clannish edifice the teaching is $33,000 and the Room and Board is $10,000 totaling $43,000 per year. My scholarships/grants are meet a lowercase over $33,000 per year, so they would be stipendiary the rest. Let me undergo if there are some credits/deductions that they crapper claim, thanks. P.S it’s feat to be my prototypal assemblage in college if that makes a difference.