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March 2, 2020
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After entering tuition information for my wife (filing jointly), it said we'd be getting a $4000 refund on tuition paid. But my return totals stayed the same. What's up?

  • March 2, 2020
  • 1 reply
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Best answer by linaj20201

There is no education credit or deduction that will get you a full $4000 in the refund.  For the education tax credit, the $4000 is the maximum qualified education expenses allowable for you to calculate the credit amount.  For the Tuition and fees deduction, it could get you up to a $4,000 deduction which only reduces your taxable income thus lower your tax bracket.  It is not a great tax saving.  The state taxes have nothing to do with this. 

 

If you want to know if your daughter meets the Rhode Island filing requirement, please read:

 

According to Rhode Island Instructions for Form RI-1040:

  • If you are a Rhode Island resident and you are required to file a federal return, you must also file a Rhode Island return. Even if you are not required to file a federal return, you may still have to file a Rhode Island return if your income exceeds the amount of your personal exemption.

 

  • If you are a part year Rhode Island resident and are required to file a federal return, you must file a Rhode Island return.

 

  • If you are a Rhode Island nonresident who has to file a federal return and has income from Rhode Island sources, you must file a Rhode Island return.

Resident” means an individual who is domiciled in the State of Rhode Island or an individual who maintains a permanent place of abode in Rhode Island and spends more than 183 days of the year in Rhode Island.

@KamiSawZe

1 reply

KamiSawZeAuthor
March 2, 2020

I don't know if this affects anything, but we live in CT and her school is in RI. Do we need to file a RI state tax return?

March 2, 2020

you'll need to report more information to answer the question.  Do you owe any tax ? are you getting a refund equal to all your withholding?

 

the deduction can't drive the taxed owed below zero.  State situation has nothing to do with this.