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    studentmom1's Avatar
    studentmom1 Posts: 3, Reputation: 1
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    #1

    Dec 20, 2009, 05:32 PM
    Non-working student. Taxes?
    I read an article on Yahoo news about almost a year ago about a tax credit or something for students, but I can't fine the link anywhere..
    It mentions
    studentmom1's Avatar
    studentmom1 Posts: 3, Reputation: 1
    New Member
    		  
    #2

    Dec 20, 2009, 05:36 PM

    Okay, well I hit enter to start a new line and it submitted.. And can't figure out how to edit.

    I'm a single mom, and I may or may not be able to claim the child this tax year, Specifics have not been worked out yet.
    Child resides with me more than 50% of the time.
    I don't work.
    I'm a full-time student.
    I received about $2000 in child support last year.
    I received both federal grants and federal student loans.

    Am I able to file taxes for 2009 and receive any kind of credit/refund?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #3

    Dec 21, 2009, 11:11 AM
    No, you will not.

    In order to claim the Child Tax Credit and/or the Earned Income Credit, you must have EARNED income.

    NONE of your income is either earned or taxable. It is likely you do not even have to file at all.

    Work out a deal with the child's father to allow HIM to claim the child's dependency exemption, since you will have no need for it. You may be able to get the father to give you some of the resulting refund.
    studentmom1's Avatar
    studentmom1 Posts: 3, Reputation: 1
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    #4

    Dec 21, 2009, 06:32 PM

    I was more wondering about the education thing. What I read mentioned that you didn't ave to have any taxable income but had to have spent a certain amount on college-related expenses to claim it.
    Any idea about that?

    Thanks!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #5

    Dec 22, 2009, 10:50 AM
    Sorry, but to claim any type of education credit, you MUST have taxable income.
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