File your Taxes for Free!
  • Get your maximum refund*
  • 100% accurate calculations guaranteed*

TurboTax Federal Free Edition - File Taxes Online

Don't let filing your taxes get you down! We'll help make it as easy as possible. With e-file and direct deposit, there's no faster way to get your refund!

Approved TurboTax Affiliate Site. TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.


© 2012 - 2018 All rights reserved.

This is an Approved TurboTax Affiliate site. TurboTax and TurboTax Online, among other are registered trademarks and/or service marks of Intuit, Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.
When discussing "Free e-file", note that state e-file is an additional fee. E-file fees do not apply to New York state returns. Prices are subject to change without notice. E-file and get your refund faster
*If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
*Maximum Refund Guarantee - or Your Money Back: If you get a larger refund or smaller tax due from another tax preparation method, we'll refund the applicable TurboTax federal and/or state purchase price paid. TurboTax Federal Free Edition customers are entitled to payment of $14.99 and a refund of your state purchase price paid. Claims must be submitted within sixty (60) days of your TurboTax filing date and no later than 6/15/14. E-file, Audit Defense, Professional Review, Refund Transfer and technical support fees are excluded. This guarantee cannot be combined with the TurboTax Satisfaction (Easy) Guarantee. *We're so confident your return will be done right, we guarantee it. Accurate calculations guaranteed. If you pay an IRS or state penalty or interest because of a TurboTax calculations error, we'll pay you the penalty and interest.
https://turbotax.intuit.com/corp/guarantees.jsp

Student Tax Forms

Free State File TurbotaxWww H&r Block ComIncome TaxHow Much Does H&r Block Charge To Prepare Taxes10w40ez140ez2011 Amended Tax Return FormInstructions For 1040ezHow Do You File State Income TaxesHow To Fill Out An Amended Tax Form1040ez Form 2013 Pdf2013 1040 Ez2014 1040ez Tax FormTax Returns 2012E File 1040ezIrs Tax Forms For 20102010 Tax Preparation Software2011 Tax FilingIrs 1040 XH And R TaxH And R Block 2012 Tax ReturnAmend My Tax ReturnState Tax Forms 2012Filing 2011 Tax ReturnWho Can File A 1040ezFree 1040ez InstructionsForms TaxFile An Amended Tax ReturnCan I Still File My 2011 Tax ReturnFile State Taxes Online Free 2012H R Block OnlineFile My 2011 Tax Return For FreeFree Online TaxFile 2011 TaxesCan I Amend My Taxes OnlineInternal Revenue Service Form 1040ez2010 Income Tax Forms 1040ezFiling 1040x ElectronicallyH&r Block LoginIrs Amended Taxes

Student Tax Forms

Student tax forms Publication 463 - Additional Material Prev  Up  Next   Home   More Online Publications
Print - Click this link to Print this page

Subscribe to Indian Tribal Governments News

Prepared by the office of Indian Tribal Governments, ITG News provides information to include

  • Casino Issues
  • Payroll Taxes
  • Tip Income
  • Information Reporting
  • Fraud and Abusive Schemes

The office of Indian Tribal Governments provides a single point of contact for assistance and service. The overall goal of this office is to use partnership opportunities with Indian tribal governments, tribal associations, and other federal agencies to respectfully and cooperatively meet the needs of both the Indian tribal governments and the federal government and to simplify the tax administration process.

 

Subscribe / Unsubscribe
Page Last Reviewed or Updated: 14-Mar-2014

The Student Tax Forms

Student tax forms 19. Student tax forms   Education- Related Adjustments Table of Contents Introduction Useful Items - You may want to see: Student Loan Interest DeductionStudent Loan Interest Defined Can You Claim the Deduction How Much Can You Deduct How Do You Figure the Deduction Tuition and Fees DeductionCan You Claim the Deduction What Expenses Qualify Who Is an Eligible Student Who Can Claim a Dependent's Expenses How Much Can You Deduct Educator Expenses Introduction This chapter discusses the education-related adjustment you can deduct in figuring your adjusted gross income. Student tax forms This chapter covers the student loan interest deduction, tuition and fees deduction, and the deduction for educator expenses. Student tax forms Useful Items - You may want to see: Publication 970 Tax Benefits for Education Student Loan Interest Deduction Generally, personal interest you pay, other than certain mortgage interest, is not deductible on your tax return. Student tax forms However, if your modified adjusted gross income (MAGI) is less than $75,000 ($155,000 if filing a joint return) there is a special deduction allowed for paying interest on a student loan (also known as an education loan) used for higher education. Student tax forms For most taxpayers, MAGI is the adjusted gross income as figured on their federal income tax return before subtracting any deduction for student loan interest. Student tax forms This deduction can reduce the amount of your income subject to tax by up to $2,500 in 2013. Student tax forms Table 19-1 summarizes the features of the student loan interest deduction. Student tax forms Table 19-1. Student tax forms Student Loan Interest Deduction at a Glance Do not rely on this table alone. Student tax forms Refer to the text for more details. Student tax forms Feature Description Maximum benefit You can reduce your income subject to tax by up to $2,500. Student tax forms Loan qualifications Your student loan: •  must have been taken out solely to pay qualified education expenses, and   • cannot be from a related person or made under a qualified employer plan. Student tax forms Student qualifications The student must be: • you, your spouse, or your dependent, and   • enrolled at least half-time in a program leading to a degree, certificate, or other recognized educational credential at an eligible educational institution. Student tax forms Time limit on deduction You can deduct interest paid during the remaining period of your student loan. Student tax forms Phaseout The amount of your deduction depends on your income level. Student tax forms Student Loan Interest Defined Student loan interest is interest you paid during the year on a qualified student loan. Student tax forms It includes both required and voluntary interest payments. Student tax forms Qualified Student Loan This is a loan you took out solely to pay qualified education expenses (defined later) that were: For you, your spouse, or a person who was your dependent (defined in chapter 3) when you took out the loan, Paid or incurred within a reasonable period of time before or after you took out the loan, and For education provided during an academic period when the student is an eligible student. Student tax forms Loans from the following sources are not qualified student loans. Student tax forms A related person. Student tax forms A qualified employer plan. Student tax forms Exceptions. Student tax forms   For purposes of the student loan interest deduction, the following are exceptions to the general rules for dependents. Student tax forms An individual can be your dependent even if you are the dependent of another taxpayer. Student tax forms An individual can be your dependent even if the individual files a joint return with a spouse. Student tax forms An individual can be your dependent even if the individual had gross income for the year that was equal to or more than the exemption amount for the year ($3,900 for 2013). Student tax forms    Reasonable period of time. Student tax forms   Qualified education expenses are treated as paid or incurred within a reasonable period of time before or after you take out the loan if they are paid with the proceeds of student loans that are part of a federal postsecondary education loan program. Student tax forms   Even if not paid with the proceeds of that type of loan, the expenses are treated as paid or incurred within a reasonable period of time if both of the following requirements are met. Student tax forms The expenses relate to a specific academic period. Student tax forms The loan proceeds are disbursed within a period that begins 90 days before the start of that academic period and ends 90 days after the end of that academic period. Student tax forms   If neither of the above situations applies, the reasonable period of time is determined based on all the relevant facts and circumstances. Student tax forms Academic period. Student tax forms   An academic period includes a semester, trimester, quarter, or other period of study (such as a summer school session) as reasonably determined by an educational institution. Student tax forms In the case of an educational institution that uses credit hours or clock hours and does not have academic terms, each payment period can be treated as an academic period. Student tax forms Eligible student. Student tax forms   This is a student who was enrolled at least half-time in a program leading to a degree, certificate, or other recognized educational credential. Student tax forms Enrolled at least half-time. Student tax forms   A student was enrolled at least half-time if the student was taking at least half the normal full-time work load for his or her course of study. Student tax forms   The standard for what is half of the normal full-time work load is determined by each eligible educational institution. Student tax forms However, the standard may not be lower than any of those established by the U. Student tax forms S. Student tax forms Department of Education under the Higher Education Act of 1965. Student tax forms Related person. Student tax forms   You cannot deduct interest on a loan you get from a related person. Student tax forms Related persons include: Your spouse, Your brothers and sisters, Your half brothers and half sisters, Your ancestors (parents, grandparents, etc. Student tax forms ), Your lineal descendants (children, grandchildren, etc. Student tax forms ), and Certain corporations, partnerships, trusts, and exempt organizations. Student tax forms Qualified employer plan. Student tax forms   You cannot deduct interest on a loan made under a qualified employer plan or under a contract purchased under such a plan. Student tax forms Qualified Education Expenses For purposes of the student loan interest deduction, these expenses are the total costs of attending an eligible educational institution, including graduate school. Student tax forms They include amounts paid for the following items. Student tax forms Tuition and fees. Student tax forms Room and board. Student tax forms Books, supplies, and equipment. Student tax forms Other necessary expenses (such as transportation). Student tax forms The cost of room and board qualifies only to the extent that it is not more than: The allowance for room and board, as determined by the eligible educational institution, that was included in the cost of attendance (for federal financial aid purposes) for a particular academic period and living arrangement of the student, or If greater, the actual amount charged if the student is residing in housing owned or operated by the eligible educational institution. Student tax forms Eligible educational institution. Student tax forms   An eligible educational institution is any college, university, vocational school, or other postsecondary educational institution eligible to participate in a student aid program administered by the U. Student tax forms S. Student tax forms Department of Education. Student tax forms It includes virtually all accredited public, nonprofit, and proprietary (privately owned profit-making) postsecondary institutions. Student tax forms   Certain educational institutions located outside the United States also participate in the U. Student tax forms S. Student tax forms Department of Education's Federal Student Aid (FSA) programs. Student tax forms   For purposes of the student loan interest deduction, an eligible educational institution also includes an institution conducting an internship or residency program leading to a degree or certificate from an institution of higher education, a hospital, or a health care facility that offers postgraduate training. Student tax forms   An educational institution must meet the above criteria only during the academic period(s) for which the student loan was incurred. Student tax forms The deductibility of interest on the loan is not affected by the institution's subsequent loss of eligibility. Student tax forms    The educational institution should be able to tell you if it is an eligible educational institution. Student tax forms Adjustments to qualified education expenses. Student tax forms   You must reduce your qualified education expenses by certain tax-free items (such as the tax-free part of scholarships and fellowships). Student tax forms See chapter 4 of Publication 970 for details. Student tax forms Include as Interest In addition to simple interest on the loan, certain loan origination fees, capitalized interest, interest on revolving lines of credit, and interest on refinanced student loans can be student loan interest if all other requirements are met. Student tax forms Loan origination fee. Student tax forms   In general, this is a one-time fee charged by the lender when a loan is made. Student tax forms To be deductible as interest, the fee must be for the use of money rather than for property or services (such as commitment fees or processing costs) provided by the lender. Student tax forms A loan origination fee treated as interest accrues over the life of the loan. Student tax forms Capitalized interest. Student tax forms    This is unpaid interest on a student loan that is added by the lender to the outstanding principal balance of the loan. Student tax forms Interest on revolving lines of credit. Student tax forms   This interest, which includes interest on credit card debt, is student loan interest if the borrower uses the line of credit (credit card) only to pay qualified education expenses. Student tax forms See Qualified Education Expenses , earlier. Student tax forms Interest on refinanced student loans. Student tax forms   This includes interest on both: Consolidated loans—loans used to refinance more than one student loan of the same borrower, and Collapsed loans—two or more loans of the same borrower that are treated by both the lender and the borrower as one loan. Student tax forms If you refinance a qualified student loan for more than your original loan and you use the additional amount for any purpose other than qualified education expenses, you cannot deduct any interest paid on the refinanced loan. Student tax forms Voluntary interest payments. Student tax forms   These are payments made on a qualified student loan during a period when interest payments are not required, such as when the borrower has been granted a deferment or the loan has not yet entered repayment status. Student tax forms Do Not Include as Interest You cannot claim a student loan interest deduction for any of the following items. Student tax forms Interest you paid on a loan if, under the terms of the loan, you are not legally obligated to make interest payments. Student tax forms Loan origination fees that are payments for property or services provided by the lender, such as commitment fees or processing costs. Student tax forms Interest you paid on a loan to the extent payments were made through your participation in the National Health Service Corps Loan Repayment Program (the “NHSC Loan Repayment Program”) or certain other loan repayment assistance programs. Student tax forms For more information, see Student Loan Repayment Assistance in chapter 5 of Publication 970. Student tax forms Can You Claim the Deduction Generally, you can claim the deduction if all of the following requirements are met. Student tax forms Your filing status is any filing status except married filing separately. Student tax forms No one else is claiming an exemption for you on his or her tax return. Student tax forms You are legally obligated to pay interest on a qualified student loan. Student tax forms You paid interest on a qualified student loan. Student tax forms Interest paid by others. Student tax forms   If you are the person legally obligated to make interest payments and someone else makes a payment of interest on your behalf, you are treated as receiving the payments from the other person and, in turn, paying the interest. Student tax forms See chapter 4 of Publication 970 for more information. Student tax forms No Double Benefit Allowed You cannot deduct as interest on a student loan any amount that is an allowable deduction under any other provision of the tax law (for example, home mortgage interest). Student tax forms How Much Can You Deduct Your student loan interest deduction for 2013 is generally the smaller of: $2,500, or The interest you paid in 2013. Student tax forms However, the amount determined above is phased out (gradually reduced) if your MAGI is between $60,000 and $75,000 ($125,000 and $155,000 if you file a joint return). Student tax forms You cannot take a student loan interest deduction if your MAGI is $75,000 or more ($155,000 or more if you file a joint return). Student tax forms For details on figuring your MAGI, see chapter 4 of Publication 970. Student tax forms How Do You Figure the Deduction Generally, you figure the deduction using the Student Loan Interest Deduction Worksheet in the Form 1040 or Form 1040A instructions. Student tax forms However, if you are filing Form 2555, 2555-EZ, or 4563, or you are excluding income from sources within Puerto Rico, you must complete Worksheet 4-1 in chapter 4 of Publication 970. Student tax forms To help you figure your student loan interest deduction, you should receive Form 1098-E, Student Loan Interest Statement. Student tax forms Generally, an institution (such as a bank or governmental agency) that received interest payments of $600 or more during 2013 on one or more qualified student loans must send Form 1098-E (or acceptable substitute) to each borrower by January 31, 2014. Student tax forms For qualified student loans taken out before September 1, 2004, the institution is required to include on Form 1098-E only payments of stated interest. Student tax forms Other interest payments, such as certain loan origination fees and capitalized interest, may not appear on the form you receive. Student tax forms However, if you pay qualifying interest that is not included on Form 1098-E, you can also deduct those amounts. Student tax forms For information on allocating payments between interest and principal, see chapter 4 of Publication 970. Student tax forms To claim the deduction, enter the allowable amount on Form 1040, line 33, or Form 1040A, line 18. Student tax forms Tuition and Fees Deduction You may be able to deduct qualified education expenses paid during the year for yourself, your spouse, or your dependent(s). Student tax forms You cannot claim this deduction if your filing status is married filing separately or if another person can claim an exemption for you as a dependent on his or her tax return. Student tax forms The qualified expenses must be for higher education, as explained later under What Expenses Qualify . Student tax forms The tuition and fees deduction can reduce the amount of your income subject to tax by up to $4,000. Student tax forms Table 19-2 summarizes the features of the tuition and fees deduction. Student tax forms You may be able to take a credit for your education expenses instead of a deduction. Student tax forms You can choose the one that will give you the lower tax. Student tax forms See chapter 35, Education Credits, for details about the credits. Student tax forms Can You Claim the Deduction The following rules will help you determine if you can claim the tuition and fees deduction. Student tax forms Who Can Claim the Deduction Generally, you can claim the tuition and fees deduction if all three of the following requirements are met. Student tax forms You paid qualified education expenses of higher education in 2013 for academic periods beginning in 2013 and those beginning in the first three months of 2014. Student tax forms You paid the education expenses for an eligible student. Student tax forms The eligible student is yourself, your spouse, or your dependent for whom you claim an exemption (defined in chapter 3) on your tax return. Student tax forms Qualified education expenses are defined under What Expenses Qualify . Student tax forms Eligible students are defined later under Who Is an Eligible Student . Student tax forms Who Cannot Claim the Deduction You cannot claim the tuition and fees deduction if any of the following apply. Student tax forms Your filing status is married filing separately. Student tax forms Another person can claim an exemption for you as a dependent on his or her tax return. Student tax forms You cannot take the deduction even if the other person does not actually claim that exemption. Student tax forms Your modified adjusted gross income (MAGI) is more than $80,000 ($160,000 if filing a joint return). Student tax forms You (or your spouse) were a nonresident alien for any part of 2013 and the nonresident alien did not elect to be treated as a resident alien for tax purposes. Student tax forms More information on nonresident aliens can be found in Publication 519, U. Student tax forms S. Student tax forms Tax Guide for Aliens. Student tax forms You or anyone else claims an American opportunity or lifetime learning credit in 2013 with respect to expenses of the student for whom the qualified education expenses were paid. Student tax forms However, a state tax credit will not disqualify you from claiming a tuition and fees deduction. Student tax forms Table 19-2. Student tax forms Tuition and Fees Deduction at a Glance Do not rely on this table alone. Student tax forms Refer to the text for more details. Student tax forms Question   Answer What is the maximum benefit?   You can reduce your income subject to tax by up to $4,000. Student tax forms Where is the deduction taken?   As an adjustment to income on Form 1040, line 34, or Form 1040A, line 19. Student tax forms For whom must the expenses be paid?   A student enrolled in an eligible educational institution who is either: you, your spouse, or your dependent for whom you claim an exemption. Student tax forms What tuition and fees are deductible?   Tuition and fees required for enrollment or attendance at an eligible postsecondary educational institution, but not including personal, living, or family expenses, such as room and board. Student tax forms What Expenses Qualify The tuition and fees deduction is based on qualified education expenses you pay for yourself, your spouse, or a dependent for whom you claim an exemption on your tax return. Student tax forms Generally, the deduction is allowed for qualified education expenses paid in 2013 in connection with enrollment at an institution of higher education during 2013 or for an academic period (defined earlier under Student Loan Interest Deduction ) beginning in 2013 or in the first 3 months of 2014. Student tax forms Payments with borrowed funds. Student tax forms   You can claim a tuition and fees deduction for qualified education expenses paid with the proceeds of a loan. Student tax forms Use the expenses to figure the deduction for the year in which the expenses are paid, not the year in which the loan is repaid. Student tax forms Treat loan payments sent directly to the educational institution as paid on the date the institution credits the student's account. Student tax forms Student withdraws from class(es). Student tax forms   You can claim a tuition and fees deduction for qualified education expenses not refunded when a student withdraws. Student tax forms Qualified Education Expenses For purposes of the tuition and fees deduction, qualified education expenses are tuition and certain related expenses required for enrollment or attendance at an eligible educational institution. Student tax forms Eligible educational institution. Student tax forms   An eligible educational institution is any college, university, vocational school, or other postsecondary educational institution eligible to participate in a student aid program administered by the U. Student tax forms S. Student tax forms Department of Education. Student tax forms It includes virtually all accredited public, nonprofit, and proprietary (privately owned profit-making) postsecondary institutions. Student tax forms The educational institution should be able to tell you if it is an eligible educational institution. Student tax forms   Certain educational institutions located outside the United States also participate in the U. Student tax forms S. Student tax forms Department of Education's Federal Student Aid (FSA) programs. Student tax forms Academic period. Student tax forms    An academic period is any quarter, semester, trimester, or any other period of study as reasonably determined by an eligible educational institution. Student tax forms If an eligible educational institution uses credit hours and does not have academic terms, each payment period may be treated as an academic period. Student tax forms Related expenses. Student tax forms   Student-activity fees and expenses for course-related books, supplies, and equipment are included in qualified education expenses for the tuition and fees deduction only if the fees and expenses must be paid to the institution as a condition of enrollment or attendance. Student tax forms Prepaid expenses. Student tax forms   Qualified education expenses paid in 2013 for an academic period that begins in the first three months of 2014 can be used in figuring the tuition and fees deduction. Student tax forms See Academic period, earlier. Student tax forms For example, if you pay $2,000 in December 2013 for qualified tuition for the 2014 winter quarter that begins in January 2014, you can use that $2,000 in figuring the tuition and fees deduction for 2013 only if you meet all the other requirements. Student tax forms    You cannot use any amount you paid in 2012 or 2014 to figure the qualified education expenses you use to figure your 2013 tuition and fees deduction. Student tax forms No Double Benefit Allowed You cannot do any of the following. Student tax forms Deduct qualified education expenses you deduct under any other provision of the law, for example, as a business expense. Student tax forms Deduct qualified education expenses for a student on your income tax return if you or anyone else claims an American opportunity or lifetime learning credit for that same student in the same year. Student tax forms Deduct qualified education expenses that have been used to figure the tax-free portion of a distribution from a Coverdell education savings account (ESA) or a qualified tuition program (QTP). Student tax forms For a QTP, this applies only to the amount of tax-free earnings that were distributed, not to the recovery of contributions to the program. Student tax forms See Figuring the Taxable Portion of a Distribution in chapter 7 (Coverdell ESA) and chapter 8 (QTP) of Publication 970. Student tax forms Deduct qualified education expenses that have been paid with tax-free interest on U. Student tax forms S. Student tax forms savings bonds (Form 8815). Student tax forms See Figuring the Tax-Free Amount in chapter 10 of Publication 970. Student tax forms Deduct qualified education expenses that have been paid with tax-free educational assistance such as a scholarship, grant, or employer-provided educational assistance. Student tax forms See Adjustments to qualified education expenses, later. Student tax forms Adjustments to qualified education expenses. Student tax forms   For each student, reduce the qualified education expenses paid by or on behalf of that student under the following rules. Student tax forms The result is the amount of adjusted qualified education expenses for each student. Student tax forms Tax-free educational assistance. Student tax forms   For tax-free educational assistance you received in 2013, reduce the qualified educational expenses for each academic period by the amount of tax-free educational assistance to that academic period. Student tax forms See Academic period, earlier. Student tax forms   This includes: The tax-free part of scholarships and fellowships, including Pell grants (see chapter 1 of Publication 970), The tax-free part of any employer-provided educational assistance (see chapter 11 of Publication 970), Veterans' educational assistance (see chapter 1 of Publication 970), and Any other nontaxable (tax-free) payments (other than gifts or inheritances) received as educational assistance. Student tax forms Generally, any scholarship or fellowship you receive is treated as tax-free educational assistance. Student tax forms However, a scholarship or fellowship is not treated as tax-free educational assistance to the extent you include it in gross income (if you are required to file a tax return) for the year the scholarship or fellowship is received and either: The scholarship or fellowship (or any part of it) must be applied (by its terms) to expenses (such as room and board) other than qualified education expenses as defined in Qualified education expenses in Pub. Student tax forms 970, chapter 1. Student tax forms The scholarship or fellowship (or any part of it) may be applied (by its terms) to expenses (such as room and board) other than qualified education expenses as defined in Qualified education expenses in Pub. Student tax forms 970, chapter 1. Student tax forms You may be able to increase the combined value of your tuition and fees deduction and certain educational assistance if you include some or all of the educational assistance in income in the year it is received. Student tax forms For details, see Adjustments to Qualified Education Expenses in chapter 6 of Pub. Student tax forms 970. Student tax forms Some tax-free educational assistance received in 2013 may be treated as a refund of qualified education expenses paid in 2013. Student tax forms This tax-free educational assistance is any tax-free educational assistance received by you or anyone else after 2013 for qualified education expenses paid on behalf of a student in 2013 (or attributable to enrollment at an eligible educational institution during 2013). Student tax forms If this tax-free educational assistance is received after 2013 but before you file your 2013 income tax return, see Refunds received after 2013 but before your income tax return is filed, later. Student tax forms If this tax-free educational assistance is received after 2013 and after you file your 2013 income tax return, see Refunds received after 2013 and after your income tax return is filed, later. Student tax forms Refunds. Student tax forms   A refund of qualified education expenses may reduce adjusted qualified education expenses for the tax year or may require you to include some or all of the refund in your gross income for the year the refund is received. Student tax forms See chapter 6 of Pub. Student tax forms 970 for more information. Student tax forms Some tax-free educational assistance received after 2013 may be treated as a refund. Student tax forms See Tax-free educational assistance, earlier. Student tax forms Refunds received in 2013. Student tax forms    For each student, figure the adjusted qualified education expenses for 2013 by adding all the qualified education expenses paid in 2013 and subtracting any refunds of those expenses received from the eligible educational institution during 2013. Student tax forms Refunds received after 2013 but before your income tax return is filed. Student tax forms   If you receive a refund after 2013 of qualified education expenses you paid in 2013 and the refund is received before you file your 2013 income tax return, reduce the amount of qualified education expenses for 2013 by the amount of the refund. Student tax forms Refunds received after 2013 and after your income tax return is filed. Student tax forms   If you receive a refund after 2013 of qualified education expenses you paid in 2013 and the refund is received after you file your 2013 income tax return, you may need to include some or all of the refund in your gross income for the year the refund is received. Student tax forms See chapter 6 of Pub. Student tax forms 970 for more information. Student tax forms Coordination with Coverdell education savings accounts and qualified tuition programs. Student tax forms    Reduce your qualified education expenses by any qualified education expenses used to figure the exclusion from gross income of (a) interest received under an education savings bond program, or (b) any distribution from a Coverdell education savings account or qualified tuition program (QTP). Student tax forms For a QTP, this applies only to the amount of tax-free earnings that were distributed, not to the recovery of contributions to the program. Student tax forms Amounts that do not reduce qualified education expenses. Student tax forms   Do not reduce qualified education expenses by amounts paid with funds the student receives as: Payment for services, such as wages, A loan, A gift, An inheritance, or A withdrawal from the student's personal savings. Student tax forms   Do not reduce the qualified education expenses by any scholarship or fellowship reported as income on the student's tax return in the following situations. Student tax forms The use of the money is restricted, by the terms of the scholarship or fellowship, to costs of attendance (such as room and board) other than qualified education expenses. Student tax forms The use of the money is not restricted. Student tax forms Expenses That Do Not Qualify Qualified education expenses do not include amounts paid for: Insurance, Medical expenses (including student health fees), Room and board, Transportation, or Similar personal, living, or family expenses. Student tax forms This is true even if the amount must be paid to the institution as a condition of enrollment or attendance. Student tax forms Sports, games, hobbies, and noncredit courses. Student tax forms   Qualified education expenses generally do not include expenses that relate to any course of instruction or other education that involves sports, games or hobbies, or any noncredit course. Student tax forms However, if the course of instruction or other education is part of the student's degree program, these expenses can qualify. Student tax forms Comprehensive or bundled fees. Student tax forms   Some eligible educational institutions combine all of their fees for an academic period into one amount. Student tax forms If you do not receive, or do not have access to, an allocation showing how much you paid for qualified education expenses and how much you paid for personal expenses, such as those listed above, contact the institution. Student tax forms The institution is required to make this allocation and provide you with the amount you paid (or were billed) for qualified education expenses on Form 1098-T, Tuition Statement. Student tax forms See How Do You Figure the Deduction , later, for more information about Form 1098-T. Student tax forms Who Is an Eligible Student For purposes of the tuition and fees deduction, an eligible student is a student who is enrolled in one or more courses at an eligible educational institution (defined earlier). Student tax forms Who Can Claim a Dependent's Expenses Generally, in order to claim the tuition and fees deduction for qualified education expenses for a dependent, you must: Have paid the expenses, and Claim an exemption for the student as a dependent. Student tax forms Table 19-3 summarizes who can claim the deduction. Student tax forms How Much Can You Deduct The maximum tuition and fees deduction in 2013 is $4,000, $2,000, or $0, depending on the amount of your MAGI. Student tax forms For details on figuring your MAGI, see chapter 6 of Publication 970. Student tax forms How Do You Figure the Deduction Figure the deduction using Form 8917. Student tax forms To help you figure your tuition and fees deduction, you should receive Form 1098-T, Tuition Statement. Student tax forms Generally, an eligible educational institution (such as a college or university) must send Form 1098-T (or acceptable substitute) to each enrolled student by January 31, 2014. Student tax forms To claim the deduction, enter the allowable amount on Form 1040, line 34, or Form 1040A, line 19, and attach your completed Form 8917. Student tax forms Table 19-3. Student tax forms Who Can Claim a Dependent's Expenses Do not rely on this table alone. Student tax forms See Who Can Claim a Dependent's Expenses in chapter 6 of Publication 970. Student tax forms IF your dependent is an eligible student and you. Student tax forms . Student tax forms . Student tax forms AND. Student tax forms . Student tax forms . Student tax forms THEN. Student tax forms . Student tax forms . Student tax forms claim an exemption for your dependent you paid all qualified education expenses for your dependent only you can deduct the qualified education expenses that you paid. Student tax forms Your dependent cannot take a deduction. Student tax forms claim an exemption for your dependent your dependent paid all qualified education expenses no one is allowed to take a deduction. Student tax forms do not claim an exemption for your dependent you paid all qualified education expenses no one is allowed to take a deduction. Student tax forms do not claim an exemption for your dependent your dependent paid all qualified education expenses no one is allowed to take a deduction. Student tax forms Educator Expenses If you were an eligible educator in 2013, you can deduct on Form 1040, line 23, or Form 1040A, line 16, up to $250 of qualified expenses you paid in 2013. Student tax forms If you and your spouse are filing jointly and both of you were eligible educators, the maximum deduction is $500. Student tax forms However, neither spouse can deduct more than $250 of his or her qualified expenses on Form 1040, line 23, or Form 1040A, line 16. Student tax forms You may be able to deduct expenses that are more than the $250 (or $500) limit on Schedule A (Form 1040), line 21. Student tax forms Eligible educator. Student tax forms   An eligible educator is a kindergarten through grade 12 teacher, instructor, counselor, principal, or aide who worked in a school for at least 900 hours during a school year. Student tax forms Qualified expenses. Student tax forms   Qualified expenses include ordinary and necessary expenses paid in connection with books, supplies, equipment (including computer equipment, software, and services), and other materials used in the classroom. Student tax forms An ordinary expense is one that is common and accepted in your educational field. Student tax forms A necessary expense is one that is helpful and appropriate for your profession as an educator. Student tax forms An expense does not have to be required to be considered necessary. Student tax forms   Qualified expenses do not include expenses for home schooling or for nonathletic supplies for courses in health or physical education. Student tax forms   You must reduce your qualified expenses by the following amounts. Student tax forms Excludable U. Student tax forms S. Student tax forms series EE and I savings bond interest from Form 8815. Student tax forms See Figuring the Tax-Free Amount in chapter 10 of Publication 970. Student tax forms Nontaxable qualified tuition program earnings or distributions. Student tax forms See Figuring the Taxable Portion of a Distribution in chapter 8 of Publication 970. Student tax forms Nontaxable distribution of earnings from a Coverdell education savings account. Student tax forms See Figuring the Taxable Portion of a Distribution in chapter 7 of Publication 970. Student tax forms Any reimbursements you received for these expenses that were not reported to you in box 1 of your Form W-2. Student tax forms Prev  Up  Next   Home   More Online Publications