My wife is in graduate school. Her tutition is paid by student loans. can I still put down the cost of her school on my taxes?
2007-01-12 21:05:18 · 3 answers · asked by KEVIN 3 in Business & Finance ➔ Taxes ➔ Other - Taxes
yes, you can. look at the Life-Time Learning credit part of your tax return. There are certain restrictions that apply. The form you need is #8863
2007-01-12 23:46:44 · answer #1 · answered by anr 3 · 1⤊ 0⤋
confident, classes and fees paid by a pupil loan are seen as paid by you, considering you will desire to pay it returned, so while you at the instant are not a based you could declare an training credit for a number of it. If it exchange into paid by delivers or scholarships, you would be able to desire to not declare it.
2016-10-19 22:17:49 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Loans, yes, since they'll have to be paid back. Grants or scholarships, no.
2007-01-13 01:37:39 · answer #3 · answered by Judy 7 · 1⤊ 0⤋