Q. Can I add my college expenses for this tax season?
A. Yes. College expenses incurred and paid for in 2023 must be claimed on the 2023 tax return. They cannot be saved and used on the 2024 tax return.
Be careful; in you went to school in 2023, you can not wait until 2024 to pay the 2023 tuition bill. To be an eligible expense, for the tuition credit, it must paid for in the same year the classes were taken.
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