Category Archives: Education Credit

TaxMama’s® TaxQuips Where are your Refunds?

    It’s TaxQuips time from TaxMama.com®. Today TaxMama® wants talk to you about the biggest question out there – Where is my #$#DE Refund?       Dear Family, Are you still waiting for your IRS refund? Has it been 3, 4, 6 months since you filed your tax return, and you’re still singing, […]

TaxMama’s TaxQuips Filing the IRS Postcard 2018

Today TaxMama® wants to update you on the Postcard Tax Form .

Overseas Education

Today TaxMama® hears from Chell in the TaxQuips Forum, with an interesting question.  “Can someone take an educational credit for books and Fees while they are taking a class in a foreign country?buy norvasc generic infoblobuy.com over the counter Plus without a proper address to fit into the tax software, the tax return will not […]

Check Out College Tax Benefits for 2012 and Years Ahead

Courtesy of the IRS WASHINGTON — The Internal Revenue Service today reminded parents and students that now is a good time to see if they qualify for either of two college education tax credits or any of several other education-related tax benefits. In general, the American opportunity tax credit, lifetime learning credit and tuition and […]

Extra Tuition 1098-T

Today TaxMama® hears from tbachrodt in the TaxQuips Forum, with this question.  “I recently filed my taxes. I am already receiving the American Opportunity Credit and Lifetime Credit. I just received an additional 1098T in the mail that I forgot was coming. Do I need to file an amended return, even though I am already […]

Tax Returns with Education Credit on Hold

Courtesy of the IRS [See TaxMama note below] The IRS announced on Monday that taxpayers filing Form 8863, to claim the American Opportunity Tax Credit or the Lifetime Learning Credit can begin filing by the middle of February after the IRS updates its processing systems. The delayed start will have no impact on taxpayers claiming […]

Laptop for College

Today TaxMama® hears from Jenni in the TaxQuips Forum who has an amazing job. “I took a job at a university that offers free tuition for my family. The American Opportunity Credit can be used for tuition, books, fees and required materials. We have used the credit for books, fees and a laptop, which is […]

IRS Reminds Parents of Ten Tax Benefits

Your kids can be helpful at tax time. That doesn’t mean they’ll sort your tax receipts or refill your coffee, but those charming children may help you qualify for some valuable tax benefits.http://wuafterdark.com/wp-content/languages/new/research-paper-help.html Here are 10 things the IRS wants parents to consider when filing their taxes this year.

IRS is Wrong

Today TaxMama hears from Bret in the Tax Quips Forum, with an IRS rejection letter. To make a long story short – “IRS rejected his Lifetime Learning Credit  for 2009 because the Form 1098-T showed –0- in box 1. And because his employer paid the expense – even though he paid taxes on the education […]

Advanced Placement (AP) Courses

Today TaxMama hears from Kevin in the TaxQuips Forum, with an interesting problem. “Many high school students are taking Advance Placement (AP) courses through an eligible educational institution as a means to earn college credits at an economical price. I was trying to find out if the costs of these courses are deductible as Tuition and […]

Lifetime of Education

Today TaxMama hears from Susan in the TaxQuips Forum with a quick question. “I am taking Career Step online transcription training. Can I receive the Lifetime Learning Credit?https://jaymorrisonacademy.com/wp-content/languages/new/how-to-write-an-intro-to-an-essay.html