Education Tax Credit 2008

Education Tax Credit 2008

Question: Claiming Education Credits for 2008 Taxes?

I am preparing all of my documents and statements to do my taxes and I just ran into an issue regarding education credits. I took out $3500 loans in 2008 to pay for a school tuition debt that carried over from 2007. Since I did not take out the loan until 2008 can I claim the credit for 2008 tax purposes?

Thank you!




Answer: No.

The tution was in 2007. That’s the year you claim it.

PM urges whole nation to strive for higher achievements * Key targets achieved in 2009 compared with 2008’s figures

The year of 2009 is over. It witnessed many complicated issues in the world and domestic economies, causing huge difficulties for business and production and people’s lives.

Rep. Ryan on Higher Education Tax Credits




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