School tuition and taxes | TigerDroppings.com

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King of New Orleans
LSU Fan
In front of The Hungry Tiger
Member since Jul 2011
4992 posts

School tuition and taxes


If you withdraw from school and get all of your money back, can you still include it on your taxes? I would assume you can't.






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lsusystem
LSU Fan
Member since Jun 2007
184 posts
 Online 

re: School tuition and taxes


If you are referring to 1098T, schools report one of two ways; either when you are charged for tuition or when you pay for tuition. You can contact the bursar office to get an explanation. Possible for you benefit one year and pay for it the next (tax wise).





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King of New Orleans
LSU Fan
In front of The Hungry Tiger
Member since Jul 2011
4992 posts

re: School tuition and taxes


Still a little confused...





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yellowfin
Illinois Fan
Coastal Bar
Member since May 2006
69187 posts

re: School tuition and taxes


no you can not take the deduction/credit





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VABuckeye
Ohio State Fan
Oak Hill, VA
Member since Dec 2007
10863 posts
 Online 

re: School tuition and taxes


You would assume correctly. That would be fraud.





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