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    Education Credits

    TP graduated in May 2012. Parents made a payment to school in advance (12/13/11) because they were billed for Spring 2012 semester on 11/23/11. Other than using a loan taken on 1/14/12, is there any way TP can take a tuition credit on 2012 return for the tuition expense? Scholarships and grants credited in Jan 2012 exceed tuition shown as paid.
    Last edited by Burke; 07-23-2013, 05:13 PM.

    #2
    Hard to claim in 2012 if paid in 2011.

    Why wasn't it claimed in 2011?
    Evan Appelman, EA

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      #3
      Duplicate post

      See --->>> http://forum.thetaxbook.com/showthre...cation-Credits

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        #4
        Originally posted by appelman View Post
        Why wasn't it claimed in 2011?
        EC was claimed in 2011. Didn't need this advance payment. Amts paid in 2011 were way over the annual maximum deduction using the Spring and Fall semesters. Sorry, did not realize this was a duplicate post. See other thread.
        Last edited by Burke; 07-23-2013, 05:12 PM.

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