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  1. #1
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    Tax Question: School Tuition

    I am doing my girlfriend's taxes. She paid $20K in tuition for Grad School in 2011, but she did not make enough to take advantage of the Lifetime Learning credit, or any other education deductions.

    Is there any way to carry this forward for any future tax benefit?



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    Re: Tax Question: School Tuition

    What about Form 8917 for this year?

    It's not much but it reduces taxable income IIRC.




  3. #3
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    Re: Tax Question: School Tuition

    Quote Originally Posted by ISUAgronomist View Post
    What about Form 8917 for this year?

    It's not much but it reduces taxable income IIRC.
    Her taxable income is already zero without this.



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    Re: Tax Question: School Tuition

    Since we are getting married this year, would it be beneficial if I paid her tuition for her in 2012? Then I could get the deduction.

    I suspect her income won't be much more in 2012.



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    Re: Tax Question: School Tuition

    Pretty sure there's no way to carry it forward to another year. (Not a tax professional but paid a crapload of tuition for numerous years.)




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    Re: Tax Question: School Tuition

    Quote Originally Posted by ccyclonepower25 View Post
    Since we are getting married this year, would it be beneficial if I paid her tuition for her in 2012? Then I could get the deduction.

    I suspect her income won't be much more in 2012.
    If you are filing joint taxes in 2012 then it shouldn't matter who paid the bill.




  7. #7
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    Re: Tax Question: School Tuition

    Quote Originally Posted by ISUAgronomist View Post
    If you are filing joint taxes in 2012 then it shouldn't matter who paid the bill.
    Duh, I should have known that.



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