Tax Credit Education Expenses
August 16th, 2010
Question: 1040 Education Credit?
It looks like my girlfriend qualifies as a dependent – I paid for most of her education expenses (she is enrolled in a 2 year program at a local college) in 2009 – is there any reason I dont qualify for the education (American Opportunity) tax credit? She is a foreign student. Thanks
Not sure why she would be considered a non-resident for tax purposes, she is a resident in every other sense, and is required to file like any other resident – can someone explain?Answer: Just cause u paid for her classes doesnt make her dependent, she should file independent. For school/tuition ONLY use the “American Opportunity Credit” form 8863. it doesn’t matter if shes foreign, it only matters what was PAID TO THE SCHOOL. The school should have sent a statement back at the beginning of this year. use this for the tuition expenses and make sure u claim it on the 8863 form. I had problems and went to the IRS and they did mine. Happy tax filing!!
Ontario’s Chartered Accountants Offer Tax Tips for Students
CAs’ Advice Designed to Help Students Save Money, Make Money
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Tax Breaks for Your Education Expenses
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