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January 6, 2022
Question

Savers credit online learning

  • January 6, 2022
  • 1 reply
  • 0 views

Hello, 

 

the irs website states that students who go to school online may be eligible for the savers credit. Due to covid, all of my classes for the last college year have been online. All though I am a full time student, it is completely online. The irs website says “

You're eligible for the credit if you're:

  1. Age 18 or older,
  2. Not claimed as a dependent on another person’s return, and
  3. Not a student.

You were a student if during any part of 5 calendar months of the tax year you:

  • Were enrolled as a full-time student at a school, or
  • Took a full-time, on-farm training course given by a school or a state, county, or local government agency.

A school includes technical, trade, and mechanical schools. It does not include on-the-job training courses, correspondence schools, or schools offering courses only through the Internet.”

1 reply

Hal_Al
Employee
January 6, 2022

@CEE702  said "the irs website states that students who go to school online may be eligible for the savers credit"

 

What's your source for that (provide a link)?  I don't believe that's true.

 

From the instructions for form 8880:

You were a student if during any part of 5 calendar months of 2021 you:
• Were enrolled as a full-time student at a school; or
• Took a full-time, on-farm training course given by a school or a state,
county, or local government agency.
A school includes technical, trade, and mechanical schools. It
doesn’t include on-the-job training courses, correspondence schools, or
schools offering courses only through the Internet.