Can I use my daughters pre-school fees for claiming education credits(line 31 of form 1040A) on my 2006 tax return - filing joint return with my spouse?
2007-03-18 14:51:17 · 6 answers · asked by Surie 1 in Business & Finance ➔ Taxes ➔ United States
If you are using 1040A you would attach a Schedule 2 for Dependent Care expenses if you qualify. You can not use these expenses for education credit.
2007-03-18 15:34:52 · answer #1 · answered by ? 6 · 2⤊ 0⤋
Education credits (Hope and Lifetime Learning Credit), and the Tuition and Fees Deduction, apply only to postsecondary education.
If you and your spouse both work, then preschool fees can be applied to the Dependent Care Credit, Form 2441. If only one spouse works then no credit is available.
If one spouse works and the other spouse goes to school full time, or is disabled, the credit applies, with limitations as described in the instructions to the form.
2007-03-18 15:08:39 · answer #2 · answered by ninasgramma 7 · 1⤊ 1⤋
No, education credits are for post-secondary education. If she is in pre-school so that both you and your spouse can work, they might be eligible child care expenses (line 29).
2007-03-18 16:36:51 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
School credits only go for post secondary education.
2007-03-19 03:50:43 · answer #4 · answered by momzadork 3 · 0⤊ 0⤋
No, you cannot use them for that. Education credits and tuition deductions are ONLY applicable to post-secondary education, i.e. college and university level education.
2007-03-18 15:11:17 · answer #5 · answered by Bostonian In MO 7 · 1⤊ 1⤋
You can use it for the daycare expense
2007-03-18 15:00:00 · answer #6 · answered by amandadaniel26 2 · 1⤊ 2⤋