paying grand daughter college tution
2007-04-28 06:28:36 · 4 answers · asked by John G 1 in Business & Finance ➔ Taxes ➔ United States
Not unless you have legal custody, she's on your taxes as a dependant, and your income doesn't exceed the federal limit for this deduction.
2007-04-28 06:37:14 · answer #1 · answered by DianA 5 · 1⤊ 1⤋
You can't deduct it unless she is your dependent. But she could most likely take a tax credit for it, if she's not a dependent - if she's a dependent, of her parents for example, then they could take the credit.
2007-04-28 16:12:57 · answer #2 · answered by Judy 7 · 3⤊ 0⤋
Try this site:
http://taxes.about.com/od/deductionscredits/qt/tuitionfeesded.htm
Might just be what you're looking for.
2007-04-28 13:33:43 · answer #3 · answered by Todd B 4 · 0⤊ 3⤋
you are entitled to deduct it i am almost positive
2007-04-28 13:37:21 · answer #4 · answered by Mary O 6 · 0⤊ 6⤋