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February 18, 2020
Question

Hi! First time doing taxes here . For my school payments that I’m doing it’s not a loan. I’m paying for it out of pocket every month since the school doesn’t have fafsa. How would

  • February 18, 2020
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Would you be able to submit receipts of my payments ? It’s 500$ monthly

1 reply

DavidS127
February 18, 2020

If your school payments are for higher education, you may be eligible for certain credits or deductions.  See this IRS website for more information.  In particular, click on the Credits and Deductions sections to see if your school payments qualify for a tax benefit.

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February 18, 2020

thanks! 🙂