In 2007, I paid the college costs of a child who is no longer my dependent and has not been my dependent for several years. I believe I can still deduct those tuition costs which I paid by check directly to the University.
Is that correct?
Where in the tax forms do I list those paid tuition costs.
Thanks.
Jeff
Sorry, no. See IRS Publication 970.
"Jeff" wrote
Nope. It's not deductible tuition, nor is it elgible for any education tax credits.....for you.
The education tax credit stays with the student, so amounts you pay ~may~ be used by the student, if they file their own returns and claim themselves.
Ah. I must have had it mixed up with medical expenses. I beleive medical expenses are deductible even if paid for a non dependent. Correct?
Jeff
If the person meets all the other criteria, except for the income limitations, or they are claimed by the other parent, then any medical expenses paid on their behalf would count as medical on your Schedule A.
Thank you and thank you for taking the time to reply.
Where is the above quote from?
You stopped reading too soon. Pub 502 goes on to say that a "dependent" is either a qualifying child or a qualifying relative. Keep reading to the section on qualifying relative and you'll learn that for this purpose a qualifying relative is as previously described.
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