Skip to main content
July 2, 2020
Question

Do I get to deduct my daughters college expenses

  • July 2, 2020
  • 1 reply
  • 0 views

can i get a deduction on my daughters college education?

    1 reply

    Employee
    July 2, 2020

    If you are claiming your daughter as a dependent on your tax return you get to use the education credit on your tax return.  Did you claim her as a dependent?

     

    WHO CAN I CLAIM AS A DEPENDENT?

     

    You can claim a child, relative, friend, fiance (etc.) as a dependent on your 2019 taxes as long as they meet the following requirements:

    Qualifying child

    • They are related to you.

    • They cannot be claimed as a dependent by someone else.

    • They are a U.S. citizen, resident alien, national, or a Canadian or   Mexican resident.

    • They are not filing a joint return with their spouse.

    • They are under the age of 19 (or 24 for full-time students).

      • No age limit for permanently and totally disabled children

            They live with you for more than half the year (exceptions apply).

    Qualifying relative

    • They don't have to be related to you (despite the name).

    • They cannot be claimed as a dependent by someone else.

    • They are a U.S. citizen, resident alien, national, or a Canadian or Mexican resident.

    • They are not filing a joint return with their spouse.

    They lived with you the entire year.

    • They made less than $4200  (not counting Social Security)

    • You provided more than half of their financial support. More info

    When you add someone as a dependent, we'll ask a series of questions to make sure you can claim them.

    Related Information:

    Does a dependent have to live with me?

    What does "financially support another person" mean?

    Can I claim a newborn baby?

     

     

     

     

    QUALIFIED EDUCATION EXPENSES

    https://ttlc.intuit.com/questions/1899852-what-are-considered-qualified-education-expenses

    https://ttlc.intuit.com/questions/2976047-what-are-examples-of-education-expenses

     

    https://www.eitc.irs.gov/other-refundable-credits-toolkit/compare-education-credits-and-tuition-and-fees-deduction/compare

     

    https://ttlc.intuit.com/questions/1900981-can-i-deduct-education-expenses-that-were-paid-with-student-loans

     

    https://ttlc.intuit.com/questions/1901172-what-are-education-tax-credits

     

    https://ttlc.intuit.com/questions/1901487-what-is-the-tuition-and-fees-deduction

    https://ttlc.intuit.com/questions/1901172-what-education-tax-credits-are-available      

    https://www.irs.gov/help/ita/am-i-eligible-to-claim-an-education-credit

     

    https://ttlc.intuit.com/questions/3262983-who-is-eligible-to-take-the-american-opportunity-tax-credit

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    Hal_Al
    Employee
    July 2, 2020

    If she is not your dependent, then she (or whomever does claim her as a dependent) may count the tuition and other expenses, you paid, in claiming the tuition credit for themselves.

     

    Expenses paid by student loans is eligible. There's even  a loop hole available to  still claim the credit, If her expenses were paid by scholarship.