February 21st, 2016
TAX TIP OF THE DAY... use college tuition paid by another
Do you claim a college student on your tax return... but you aren't the one who pays the tuition? It doesn't matter. ALL the tuition paid is considered yours:
1) tuition paid by your ex-spouse
2) tuition paid by student loans
3) tuition paid by the child
SHARE WITH A FRIEND.
If you need a tax appointment... www.baboiancpa.com
Comments are closed.
David S. Baboian, CPA