Ask Experts Questions for FREE Help !
Ask
    arvindTiger's Avatar
    arvindTiger Posts: 5, Reputation: 1
    New Member
     
    #1

    Mar 19, 2007, 11:14 AM
    Education expenses
    Hi,

    I have lived in the US as a student for more than 5 years, so I am filing 1040 form.

    My 1098-T for 2006 says that I have paid $1410 in qualified tuition expenses. But it does not include the amount I paid for my Spring 2006 semester. It appears that that amount was specified in my 2005 1098-T.

    My question is as follows:

    I did not claim education expenses benefit for 2005 and as result I haven't used the amount listed or my Spring 2006 tuition payment for tax benefits in the past.

    Can I use $1410 (2006 1098-T amount) + $943 (Spring 2006 tuition payment listed in 2005 1098-T) as educational expenses in my 2006 tax filing?

    Thanks,

    Arvind
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    Mar 21, 2007, 12:04 PM
    If you paid the tuition in 2005, you MUST claim it in 2005. You CANNOT bring forward the payment to 2006.

    Sorry!

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

H4 expenses [ 7 Answers ]

Hi, I am on h1 visa,from india,been in US since '04.I got married last year and my wife has been in US since sept 2006.I will be filing as "married filing jointly" with 1040EZ,W7 and my wife's notarized passport copy.I wanted to know if I can claim my wife's(and mine-if possible)travel (air...

Education [ 1 Answers ]

What would be an approximate weight of a cubic yard of trash.

Expenses on H1 B [ 3 Answers ]

I am working on W2 for a consulting company. My client is willing to pay for my expenses at client place directly to me. Can I accept checks from client directly. They are paying from expense account. Is it OK to accept checks from them while you work for another company on W2 and you...

Education [ 2 Answers ]

Which is the African city named after an American President


View more questions Search