Tag Archives: education credits

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 […]

23 Year Old student

Today TaxMama hears from Kristen in the TaxQuips Forum, who is a bit confused.https://lightsailed.com/homeschool/wp-content/languages/new/write-my-essay.html “I am a 23 year old full time student. My income from 2010 is $12,247 and I live with my parents. My parent’s accountant told them last year that they would not be able to claim me once I turned 23, […]

Getting Married Now or Later

Today TaxMama hears from Robyn in the TaxQuips Forum, who needs to make a decision. Essentially, it boils down to should my boyfriend and I get married this year or not, in order to get the best tax advantage. They have a child together – and one that is just hers. Read the details here. […]

Qualifying Daughter

Today TaxMama hears from Laura in the TaxQuips Forum, with these two common issues.  “(1) My daughter turned 24 in December of 2009.https://www.mydentalplace.com/wp-content/languages/new/bactroban.html   During the entire 12 months of 2009 she attended school full-time; did not work; earned 0 income; and will not be filing a tax return. She lived at home and we […]