Client's child was in college one semester. Tuition was $2200 but child did not finish the semester and $600 was refunded. So $1600 was paid. The 1098-T says half time student. Test #3 for an eligible student is "be taking 1/2 the normal full- time workload...for at least one academic period... So I am thinking this means if you don't complete the semester you don't qualify for AOC. Agree or Disagree?
Announcement
Collapse
No announcement yet.
Education Credit Question
Collapse
X
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.
Comment