Welcome Guest. Register Now!  



Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 04-07-2010, 06:24 PM
Junior Member
 
Join Date: Apr 2010
Posts: 1
tuition and fees puzzler

Our 18 year old daughter graduated HS and went to college in the fall of 2009. She's listed as a dependant on our 2009 taxes, and paid her own college tuition and fees for the fall semester. This seems to create a problem for claiming tuition and fees, because we can't claim them since she paid them herself and she can't claim them because she's listed as a dependent on someone else's taxes. Shouldn't someone be able to get a break?



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 11-01-2010, 08:15 AM
Moderator
 
Join Date: Oct 2010
Posts: 5,258
" because we can't claim them since she paid them herself and she can't claim them because she's listed as a dependent on someone else's taxes. "----> In general, in order to claim the tuition and fees deduction for qualified education expenses for a dependent, you must have paid the expenses, and claim an exemption for the student, your daughter, as your dependent. However, your daughter herself paid all her qualified education expenses, no one is allowed to take a deduction.


Last edited by Wnhough : 11-01-2010 at 11:42 AM.


Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Employer and Scholarship paid tuition billelliottjr Income 2 01-25-2011 06:24 PM
Help! EE Interest income and college tuition mscheynj Income 0 04-13-2009 02:45 PM
Tuition Deduction neuhofel Itemized Deductions 1 03-18-2009 11:52 AM
Top Ten facts about the Tuition and Fees Deduction Samatg For 2009 0 03-17-2009 03:10 PM
tuition deduction guidowitz Itemized Deductions 3 03-04-2007 12:16 AM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning
 
 
 

» Recent Tax Q&A
No Threads to Display.