Tax

Have a tax question? Ask a tax Expert

Ask an Expert,
Get an Answer ASAP!

Related Tax Questions
Lev, I had another question I wanted to ask? I go to
Hello Lev, I had another question I wanted to ask? I go to law school and wanted to get education credit. My law school is approx. $10k a year. How do I go about getting maximum credit? dan… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,448 satisfied customers
We funded a Florida Prepaid Account for my daughter about 6
We funded a Florida Prepaid Account for my daughter about 6 years ago. She's now attending college. I've seen some sites saying we can't take an education credit if the tuition was paid out of this ac… read more
jgordosea
jgordosea
Enrolled Agent
Bachelor's Degree
2,885 satisfied customers
How do you know what and how much you can claim or deduct from your taxes for college expe
How do you know what and how much you can claim or deduct from your taxes for college expenses? Federal specifically but also applies to state.… read more
CGCPA
CGCPA
Owner
Bachelor's Degree
3,360 satisfied customers
I have two children attending college. Can the tuition ...
I have two children attending college. Can the tuition fees be applied to Federal and State tax returns and where does this go on the return?… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
What is the maximum deduction that I can take on ...
What is the maximum deduction that I can take on line 35 of form 1040 for tuition and fees paid for my dependant. Line 22 of my 1040 (married filing jointly) exceeds $131K ?… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
My father pays 30% of my tuition. I pay the rest. It ...
My father pays 30% of my tuition. I pay the rest. It is about $4000/year total, including other fees and books. Are these deductible? I haven't claimed it for two years, and i'm wondering if I still c… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
Hi I am attending school part-time and planning to pay
Hi: I am attending school part-time and planning to pay for school tuition fees by taking a loan against my company-sponsored 401K plan. I was wondering if there are any addtional state income tax adv… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
I am enrolled in an MBA program and receive reimbursement ...
I am enrolled in an MBA program and receive reimbursement from my employer of $6000 (untaxed) per year until the total amount is paid off (provided I remain employed with the company). I am paying out… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
30,448 satisfied customers
for tax purposes. is it better to pay tuition, fees, and ...
for tax purposes. is it better to pay tuition, fees, and supplies by check or get loan and pay it. we want to greatest tax credit or deduction. my tuition is 11,000.… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
I am enrolled in an Executive MBA program. Last fall I ...
I am enrolled in an Executive MBA program. Last fall I paid tuition out-of-pocket and was reimbursed by my company (100%) in January 2006. This year I will be taxed with both Spring & Fall semesters 2… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
I recieved a 1098 from the on-line university that my ...
I recieved a 1098 from the on-line university that my wife is attending with $15,000+ in tuition for 2005. However we have not started repaying it yet. Is any of this deductable?… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
I can claim my daughter as a dependent. She borrowed ...
I can claim my daughter as a dependent. She borrowed money and I co-signed the loan for tuition. Can I claim the tuition and interest on the school loan this year? Optional Information: Illinois… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
I have a son going to college he recieved two 1098-t
I have a son going to college he recieved two 1098-t forms and I can still claim him. Can I claim these two 1098-t amounts that are on line 2 of the form. If not what should I do with these. He only m… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
I am an mba student. do you know if I can deduct my entire ...
I am an mba student. do you know if I can deduct my entire tuition? Optional Information: Evanston, Illinois Already Tried: IRS… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
My 20 year old son lives with us. He is a full time ...
My 20 year old son lives with us. He is a full time student and received a form 1098-T from his school. This for has his SSN on it and an amount that was paid in block 1. Is this amount fully deductib… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
My husband goes to college fulltime what kind of credits ...
My husband goes to college fulltime what kind of credits are we eligible for? And can I claim head of household?… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
If I give money to my daughter who is in college for
If I give money to my daughter who is in college for her tuition can I write that off on my taxes?… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
Im in college, can I deduct the cost of my text books...
I can deduct (from my taxes) what I pay in tuition, can I also deduct what I pay for my text books? Thanks for your help… read more
Christopher Phelps
Christopher Phelps
Sole Practitioner
Master Degree
1,180 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Wallstreet Esq.

Wallstreet Esq.

Tax Attorney

586 satisfied customers

10 years experience

Mark D

Mark D

Enrolled Agent

1,338 satisfied customers

MBA, EA, Specializing in Business and Individual Tax Returns and Issues

Richard

Richard

Tax Attorney

4,512 satisfied customers

29 years of experience as a tax, real estate, and business attorney.

PhillipsEsq.

PhillipsEsq.

Attorney-at-Law

59 satisfied customers

B.A., M.B.A, J.D.

Robin D.

Robin D.

Senior Tax Advisor 4

15,569 satisfied customers

15years with H & R Block. Divisional leader, Instructor

Megan C

Megan C

Certified Public Accountant (CPA)

8,655 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

jgordosea

jgordosea

Enrolled Agent

2,885 satisfied customers

I've prepared all types of taxes since 1987.

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x