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    spavati's Avatar
    spavati Posts: 4, Reputation: 1
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    #1

    Feb 27, 2013, 12:46 PM
    Can dependent with small income receive tuition credit?
    My son worked part time last year and earned less than $2,000. He used his savings to pay for half of his college tuition. He plans to file his taxes. Is he eligible for one of the college tuition education credits? (We are not eligible for the full credit.)

    Thank you for your help.
    pready's Avatar
    pready Posts: 3,197, Reputation: 207
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    #2

    Feb 27, 2013, 01:15 PM
    Yes, your son can use the Lifetime Learning Credit. There may be some others he might be able to use. The link to the IRS link on the education credits is below for specific information:

    Tax Benefits for Education: Information Center
    spavati's Avatar
    spavati Posts: 4, Reputation: 1
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    #3

    Feb 27, 2013, 01:45 PM
    Thank you for the information.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #4

    Feb 27, 2013, 09:59 PM
    He is probably eligible for the American Opportunity Credit, which has a $1,000 refundable portion.
    spavati's Avatar
    spavati Posts: 4, Reputation: 1
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    #5

    Feb 28, 2013, 09:58 AM
    Thanks. Is this the case even if I claim him as a dependent/exemption?
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #6

    Feb 28, 2013, 04:43 PM
    No, he MUST claim his own exemption to qualify for AOC.
    spavati's Avatar
    spavati Posts: 4, Reputation: 1
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    #7

    Feb 28, 2013, 08:18 PM
    Thanks. That's what I thought it might be. I will have to run the numbers and see if it's worth us losing the exemption.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
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    #8

    Feb 28, 2013, 10:44 PM
    Glad to help!
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