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Robin D.
Robin D., Senior Tax Advisor 4
Category: Tax
Satisfied Customers: 13116
Experience:  15years with H & R Block. Divisional leader, Instructor
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We have paid son's tuitions and books for

Customer Question

We have paid for our son's tuitions and books for college and paid on his student loan. My son is 24 and is still leaving at home and is not working. Are we able to claim the money that we have paid out on our tax returns 2015.
Please let me know if you need additional information.
Thank you.
Constance Stevenson
Submitted: 6 months ago.
Category: Tax
Expert:  Robin D. replied 6 months ago.
HelloIf your son is your dependent then you would be the only one that could claim the education costs.Education tax credits can help offset the costs of education. The American Opportunity (Hope Credit extended) and the Lifetime Learning Credit are education credits you can subtract in full from the federal income tax, not just deduct from taxable income. Age 24 if a full-time student your son would still be a dependent.The loan is not a deduction unless you are liable for the payment.You are required to click a positive rating if I am to be credited with the response.You have to actively click on a rating and click submit. Smiley Faces or Stars.
Expert:  Robin D. replied 6 months ago.
Checking to see if you responded