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Mom, daughter, tuition deduction

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    Mom, daughter, tuition deduction

    Mom supports daughter, she is 24 and makes $6000. Not enough to support herself and pay tuition. Is there any was Mom can claim daughter and take the tuition that Mom paid for?

    #2
    Since the daughter is not a dependent, Mom can not receive any credit.

    The daughter will file and receive max $1,000 refundable credit (no $1,500 non-refundable because of no tax liability)
    Also, no EIC for the daughter because she is not 25.

    Daughter gives the $1,000 to Mom "thank you"

    I think a student age 25 could receive EIC - not sure.
    Mike

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      #3
      She has already claimed the AOC. we are now at life time learning and tuition deduction.

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        #4
        Originally posted by mactoolsix View Post
        Since the daughter is not a dependent, Mom can not receive any credit.

        The daughter will file and receive max $1,000 refundable credit (no $1,500 non-refundable because of no tax liability)
        Also, no EIC for the daughter because she is not 25.

        Daughter gives the $1,000 to Mom "thank you"

        I think a student age 25 could receive EIC - not sure.
        Mike
        Mike I think it stops when the student turns 24. 19-under 24 is how it is stated for a student.
        Believe nothing you have not personally researched and verified.

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          #5
          Originally posted by JenMO View Post
          She has already claimed the AOC. we are now at life time learning and tuition deduction.
          Jen - Sorry for the late reply - long day!
          The qualifying rules will be the same as AOC, however there will be no "refundable" credit. She'll only receive the 20% of the first $10K expenses.


          texea: "Mike I think it stops when the student turns 24. 19-under 24 is how it is stated for a student."

          I'm not clear what you are referring to.
          You must be under 24 to be a qualifying student, but you can be 90 and still qualify for education credits, just not as a dependent.

          You must be 25 to be eligible for EIC.
          So, I believe the daughter might qualify for EIC next year (all things being similar).

          Mike

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