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File my 2011 taxes online free Publication 946 - Introductory Material Table of Contents What's New for 2013 What's New for 2014 Reminders IntroductionOrdering forms and publications. File my 2011 taxes online free Tax questions. File my 2011 taxes online free What's New for 2013 Increased section 179 deduction dollar limits. File my 2011 taxes online free  The maximum amount you can elect to deduct for most section 179 property you placed in service in 2013 is $500,000 ($535,000 for qualified enterprise zone property). File my 2011 taxes online free This limit is reduced by the amount by which the cost of the property placed in service during the tax year exceeds $2,000,000. File my 2011 taxes online free See Dollar Limits under How Much Can You Deduct in chapter 2. File my 2011 taxes online free Depreciation limits on business vehicles. File my 2011 taxes online free  The total section 179 deduction and depreciation you can deduct for a passenger automobile (that is not a truck or van) you use in your business and first placed in service in 2013 is $3,160, if the special depreciation allowance does not apply. File my 2011 taxes online free The maximum deduction you can take for a truck or van you use in your business and first placed in service in 2013 is $3,360, if the special depreciation allowance does not apply. File my 2011 taxes online free See Maximum Depreciation Deduction in chapter 5. File my 2011 taxes online free Special allowance for qualified second generation biofuel plant property. File my 2011 taxes online free . File my 2011 taxes online free  For tax years ending after December 31, 2012, you may be able to take a 50% special depreciation allowance for qualified second generation biofuel plant property placed in service after January 2, 2013, and before January 1, 2014. File my 2011 taxes online free Election to accelerate minimum tax credits for round 3 extension property. File my 2011 taxes online free . File my 2011 taxes online free  For tax years ending after December 31, 2012, a corporation can elect to claim pre-2006 unused minimum tax credits in lieu of the special depreciation allowance for round 3 extension property. File my 2011 taxes online free What's New for 2014 Expiration of the increased section 179 deduction limits and expanded definition of section 179 property. File my 2011 taxes online free  For tax years beginning after 2013, the increased section 179 expense deduction limit and threshold amount before reduction in limitation will no longer apply. File my 2011 taxes online free Also, the definition of section 179 property will no longer include certain qualified real property. File my 2011 taxes online free Expiration of the 7-year recovery period for motor sports entertainment complexes. File my 2011 taxes online free  Qualified motor sports entertainment complex property placed in service after December 31, 2013, will not be treated as 7-year property under MACRS. File my 2011 taxes online free Expiration of the 15-year recovery period for qualified leasehold improvement, restaurant, and retail improvement properties. File my 2011 taxes online free  Qualified leasehold improvement property, qualified restaurant property, and qualified retail improvement property placed in service after December 31, 2013, will not be treated as 15-year property under MACRS. File my 2011 taxes online free Expiration of the accelerated depreciation for qualified Indian reservation property. File my 2011 taxes online free  The accelerated depreciation of property on an Indian Reservation will not apply to property placed in service after December 31, 2013. File my 2011 taxes online free Expiration of the 3-year recovery period for certain race horses. File my 2011 taxes online free  The 3-year recovery period for race horses two years old or younger will expire for such horses placed in service after December 31, 2013. File my 2011 taxes online free Reminders Photographs of missing children. File my 2011 taxes online free  The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. File my 2011 taxes online free Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. File my 2011 taxes online free You can help bring these children home by looking at the photographs and calling 1-800-THE-LOST (1-800-843-5678) if you recognize a child. File my 2011 taxes online free Introduction Future developments. File my 2011 taxes online free   For the latest information about developments related to Publication 946 such as legislation enacted after this publication was published, go to www. File my 2011 taxes online free irs. File my 2011 taxes online free gov/pub946. File my 2011 taxes online free This publication explains how you can recover the cost of business or income-producing property through deductions for depreciation (for example, the special depreciation allowance and deductions under the Modified Accelerated Cost Recovery System (MACRS)). File my 2011 taxes online free It also explains how you can elect to take a section 179 deduction, instead of depreciation deductions, for certain property, and the additional rules for listed property. File my 2011 taxes online free The depreciation methods discussed in this publication generally do not apply to property placed in service before 1987. File my 2011 taxes online free For more information, see Publication 534, Depreciating Property Placed in Service Before 1987. File my 2011 taxes online free Definitions. File my 2011 taxes online free   Many of the terms used in this publication are defined in the Glossary near the end of the publication. File my 2011 taxes online free Glossary terms used in each discussion under the major headings are listed before the beginning of each discussion throughout the publication. File my 2011 taxes online free Do you need a different publication?   The following table shows where you can get more detailed information when depreciating certain types of property. File my 2011 taxes online free For information on depreciating: See Publication: A car 463, Travel, Entertainment, Gift, and Car Expenses Residential rental property 527, Residential Rental Property (Including Rental of Vacation Home) Office space in your home 587, Business Use of Your Home (Including Use by Daycare Providers) Farm property 225, Farmer's Tax Guide Comments and suggestions. File my 2011 taxes online free   We welcome your comments about this publication and your suggestions for future editions. File my 2011 taxes online free   You can write to us at the following address: Internal Revenue Service Business, Exempt Organizations and International Forms and Publications Branch SE:W:CAR:MP:T:B 1111 Constitution Ave. File my 2011 taxes online free NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. File my 2011 taxes online free Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. File my 2011 taxes online free   You can send us comments from www. File my 2011 taxes online free irs. File my 2011 taxes online free gov/formspubs/. File my 2011 taxes online free Select “Comment on Tax Forms and Publications” under “More Information. File my 2011 taxes online free ”   Although we cannot respond individually to each comment received, we do appreciate your feedback and will consider your comments as we revise our tax products. File my 2011 taxes online free Ordering forms and publications. File my 2011 taxes online free   Visit www. File my 2011 taxes online free irs. File my 2011 taxes online free gov/formspubs/ to download forms and publications, call 1-800-TAX-FORM (1-800-829-3676), or write to the address below and receive a response within 10 days after your request is received. File my 2011 taxes online free Internal Revenue Service 1201 N. File my 2011 taxes online free Mitsubishi Motorway Bloomington, IL 61705-6613 Tax questions. File my 2011 taxes online free   If you have a tax question, check the information available on IRS. File my 2011 taxes online free gov or call 1-800-829-1040. File my 2011 taxes online free We cannot answer tax questions sent to either of the above addresses. File my 2011 taxes online free Prev  Up  Next   Home   More Online Publications
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File my 2011 taxes online free 35. File my 2011 taxes online free   Education Credits Table of Contents Introduction Useful Items - You may want to see: Who Can Claim an Education Credit Qualified Education ExpensesNo Double Benefit Allowed Adjustments to Qualified Education Expenses Introduction For 2013, there are two tax credits available to persons who pay expenses for higher (postsecondary) education. File my 2011 taxes online free They are: The American opportunity credit, and The lifetime learning credit. File my 2011 taxes online free The chapter will present an overview of these education credits. File my 2011 taxes online free To get the detailed information you will need to claim either of the credits, and for examples illustrating that information, see chapters 2 and 3 of Publication 970. File my 2011 taxes online free Can you claim more than one education credit this year?   For each student, you can choose for any year only one of the credits. File my 2011 taxes online free For example, if you choose to take the American opportunity credit for a child on your 2013 tax return, you cannot, for that same child, also claim the lifetime learning credit for 2013. File my 2011 taxes online free   If you are eligible to claim the American opportunity credit and you are also eligible to claim the lifetime learning credit for the same student in the same year, you can choose to claim either credit, but not both. File my 2011 taxes online free   If you pay qualified education expenses for more than one student in the same year, you can choose to take the American opportunity and the lifetime learning credits on a per-student, per-year basis. File my 2011 taxes online free This means that, for example, you can claim the American opportunity credit for one student and the lifetime learning credit for another student in the same year. File my 2011 taxes online free Table 35-1. File my 2011 taxes online free Comparison of Education Credits Caution. File my 2011 taxes online free You can claim both the American opportunity credit and the lifetime learning credit on the same return—but not for the same student. File my 2011 taxes online free   American Opportunity Credit Lifetime Learning Credit Maximum credit Up to $2,500 credit per eligible student Up to $2,000 credit per return Limit on modified adjusted gross income (MAGI) $180,000 if married filing jointly;  $90,000 if single, head of household, or qualifying widow(er) $127,000 if married filing jointly;  $63,000 if single, head of household, or qualifying widow(er) Refundable or nonrefundable 40% of credit may be refundable Credit limited to the amount of tax you must pay on your taxable income Number of years of postsecondary education Available ONLY if the student had not completed the first 4 years of postsecondary education before 2013 Available for all years of postsecondary education and for courses to acquire or improve job skills Number of tax years credit available Available ONLY for 4 tax years per eligible student (including any year(s) the Hope credit was claimed) Available for an unlimited number of years Type of program required Student must be pursuing a program leading to a degree or other recognized education credential Student does not need to be pursuing a program leading to a degree or other recognized education credential Number of courses Student must be enrolled at least half time for at least one academic period beginning during the tax year Available for one or more courses Felony drug conviction At the end of 2013, the student had not been convicted of a felony for possessing or distributing a controlled substance Felony drug convictions do not make the student ineligible Qualified expenses Tuition, required enrollment fees, and course materials that the student needs for a course of study whether or not the materials are bought at the educational institution as a condition of enrollment or attendance Tuition and fees required for enrollment or attendance (including amounts required to be paid to the institution for course-related books, supplies, and equipment) Payments for academic periods Payments made in 2013 for academic periods beginning in 2013 or beginning in the first 3 months of 2014 Differences between the American opportunity and lifetime learning credits. File my 2011 taxes online free   There are several differences between these two credits. File my 2011 taxes online free These differences are summarized in Table 35-1, later. File my 2011 taxes online free Useful Items - You may want to see: Publication 970 Tax Benefits for Education Form (and Instructions) 8863 Education Credits (American Opportunity and Lifetime Learning Credits) Who Can Claim an Education Credit You may be able to claim an education credit if you, your spouse, or a dependent you claim on your tax return was a student enrolled at or attending an eligible educational institution. File my 2011 taxes online free The credits are based on the amount of qualified education expenses paid for the student in 2013 for academic periods beginning in 2013 and in the first 3 months of 2014. File my 2011 taxes online free For example, if you paid $1,500 in December 2013 for qualified tuition for the spring 2014 semester beginning in January 2014, you may be able to use that $1,500 in figuring your 2013 education credit(s). File my 2011 taxes online free Academic period. File my 2011 taxes online free   An academic period includes a semester, trimester, quarter, or other period of study (such as a summer school session) as reasonably determined by an educational institution. File my 2011 taxes online free In the case of an educational institution that uses credit hours or clock hours and does not have academic terms, each payment period can be treated as an academic period. File my 2011 taxes online free Eligible educational institution. File my 2011 taxes online free   An eligible educational institution is any college, university, vocational school, or other postsecondary educational institution eligible to participate in a student aid program administered by the U. File my 2011 taxes online free S. File my 2011 taxes online free Department of Education. File my 2011 taxes online free It includes virtually all accredited public, nonprofit, and proprietary (privately owned profit-making) postsecondary institutions. File my 2011 taxes online free The educational institution should be able to tell you if it is an eligible educational institution. File my 2011 taxes online free   Certain educational institutions located outside the United States also participate in the U. File my 2011 taxes online free S. File my 2011 taxes online free Department of Education's Federal Student Aid (FSA) programs. File my 2011 taxes online free Who can claim a dependent's expenses. File my 2011 taxes online free   If an exemption is allowed as a deduction for any person who claims the student as a dependent, all qualified education expenses of the student are treated as having been paid by that person. File my 2011 taxes online free Therefore, only that person can claim an education credit for the student. File my 2011 taxes online free If a student is not claimed as a dependent on another person's tax return, only the student can claim a credit. File my 2011 taxes online free Expenses paid by a third party. File my 2011 taxes online free   Qualified education expenses paid on behalf of the student by someone other than the student (such as a relative) are treated as paid by the student. File my 2011 taxes online free However, qualified education expenses paid (or treated as paid) by a student who is claimed as a dependent on your tax return are treated as paid by you. File my 2011 taxes online free Therefore, you are treated as having paid expenses that were paid by the third party. File my 2011 taxes online free For more information and an example see Who Can Claim a Dependent's Expenses in Pub. File my 2011 taxes online free 970, chapter 2 or 3. File my 2011 taxes online free Who cannot claim a credit. File my 2011 taxes online free   You cannot take an education credit if any of the following apply. File my 2011 taxes online free You are claimed as a dependent on another person's tax return, such as your parent's return. File my 2011 taxes online free Your filing status is married filing separately. File my 2011 taxes online free You (or your spouse) were a nonresident alien for any part of 2013 and did not elect to be treated as a resident alien for tax purposes. File my 2011 taxes online free Your MAGI is one of the following. File my 2011 taxes online free American opportunity credit: $180,000 or more if married filing jointly, or $90,000 or more if single, head of household, or qualifying widow(er). File my 2011 taxes online free Lifetime learning credit: $127,000 or more if married filing jointly, or $63,000 or more if single, head of household, or qualifying widow(er) . File my 2011 taxes online free   Generally, your MAGI is the amount on your Form 1040, line 38, or Form 1040A, line 22. File my 2011 taxes online free However, if you are filing Form 2555, Form 2555–EZ, or Form 4563, or are excluding income from Puerto RIco, add to the amount on your Form 1040, line 38, or Form 1040A, line 22, the amount of income you excluded. File my 2011 taxes online free For details, see Pub. File my 2011 taxes online free 970. File my 2011 taxes online free    Figure 35-A may be helpful in determining if you can claim an education credit on your tax return. File my 2011 taxes online free The American opportunity credit will always be greater than or equal to the lifetime learning credit for any student who is eligible for both credits. File my 2011 taxes online free However, if any of the conditions for the American opportunity credit, listed in Table 35-1 earlier, are not met for any student, you cannot take the American opportunity credit for that student. File my 2011 taxes online free You may be able to take the lifetime learning credit for part or all of that student's qualified education expenses instead. File my 2011 taxes online free See Pub. File my 2011 taxes online free 970 for information on other education benefits. File my 2011 taxes online free Qualified Education Expenses Generally, qualified education expenses are amounts paid in 2013 for tuition and fees required for the student's enrollment or attendance at an eligible educational institution. File my 2011 taxes online free It does not matter whether the expenses were paid in cash, by check, by credit or debit card, or with borrowed funds. File my 2011 taxes online free For course-related books, supplies, and equipment, only certain expenses qualify. File my 2011 taxes online free American opportunity credit: Qualified education expenses include amounts spent on books, supplies, and equipment needed for a course of study, whether or not the materials are purchased from the educational institution as a condition of enrollment or attendance. File my 2011 taxes online free Lifetime learning credit: Qualified education expenses include amounts for books, supplies, and equipment only if required to be paid to the institution as a condition of enrollment or attendance. File my 2011 taxes online free Qualified education expenses include nonacademic fees, such as student activity fees, athletic fees, or other expenses unrelated to the academic course of instruction, only if the fee must be paid to the institution as a condition of enrollment or attendance. File my 2011 taxes online free However, fees for personal expenses (described below) are never qualified education expenses. File my 2011 taxes online free Qualified education expenses for either credit do not include amounts paid for: Personal expenses. File my 2011 taxes online free This means room and board, insurance, medical expenses (including student health fees), transportation, and other similar personal, living, or family expenses. File my 2011 taxes online free Any course or other education involving sports, games, or hobbies, or any noncredit course, unless such course or other education is part of the student's degree program or (for the lifetime learning credit only) helps the student acquire or improve job skills. File my 2011 taxes online free You should receive Form 1098–T, Tuition Statement, from the institution reporting either payments received in 2013 (box 1) or amounts billed in 2013 (box 2). File my 2011 taxes online free However, the amount in box 1 or 2 of Form 1098–T may be different from the amount you paid (or are treated as having paid). File my 2011 taxes online free In completing Form 8863, use only the amounts you actually paid (plus any amounts you are treated as having paid) in 2013, reduced as necessary, as described in Adjustments to Qualified Education Expenses , later. File my 2011 taxes online free Qualified education expenses paid on behalf of the student by someone other than the student (such as a relative) are treated as paid by the student. File my 2011 taxes online free Qualified education expenses paid (or treated as paid) by a student who is claimed as a dependent on your tax return are treated as paid by you. File my 2011 taxes online free If you or the student takes a deduction for higher education expenses, such as on Schedule A or C (Form 1040), you cannot use those expenses in your qualified education expenses when figuring your education credits. File my 2011 taxes online free Qualified education expenses for any academic period must be reduced by any tax-free educational assistance allocable to that academic period. File my 2011 taxes online free See Adjustments to Qualified Education Expenses, later. File my 2011 taxes online free Prepaid Expenses. File my 2011 taxes online free   Qualified education expenses paid in 2013 for an academic period that begins in the first 3 months of 2014 can be used in figuring an education credit for 2013 only. File my 2011 taxes online free See Academic period , earlier. File my 2011 taxes online free For example, if you pay $2,000 in December 2013 for qualified tuition for the 2014 winter quarter that begins in January 2014, you can use that $2,000 in figuring an education credit for 2013 only (if you meet all the other requirements). File my 2011 taxes online free    You cannot use any amount you paid in 2012 or 2014 to figure the qualified education expenses you use to figure your 2013 education credit(s). File my 2011 taxes online free Paid with borrowed funds. File my 2011 taxes online free   You can claim an education credit for qualified education expenses paid with the proceeds of a loan. File my 2011 taxes online free Use the expenses to figure the credit for the year in which the expenses are paid, not the year in which the loan is repaid. File my 2011 taxes online free Treat loan payments sent directly to the educational institution as paid on the date the institution credits the student's account. File my 2011 taxes online free Student withdraws from class(es). File my 2011 taxes online free   You can claim an education credit for qualified education expenses not refunded when a student withdraws. File my 2011 taxes online free No Double Benefit Allowed You cannot do any of the following. File my 2011 taxes online free Deduct higher education expenses on your income tax return (as, for example, a business expense) and also claim an education credit based on those same expenses. File my 2011 taxes online free Claim more than one education credit based on the same qualified education expenses. File my 2011 taxes online free Claim an education credit based on the same expenses used to figure the tax-free portion of a distribution from a Coverdell education savings account (ESA) or qualified tuition program (QTP). File my 2011 taxes online free Claim an education credit based on qualified education expenses paid with educational assistance, such as a tax-free scholarship, grant, or employer-provided educational assistance. File my 2011 taxes online free See Adjustments to Qualified Education Expenses, next. File my 2011 taxes online free Adjustments to Qualified Education Expenses For each student, reduce the qualified education expenses paid in 2013 by or on behalf of that student under the following rules. File my 2011 taxes online free The result is the amount of adjusted qualified education expenses for each student. File my 2011 taxes online free Tax-free educational assistance. File my 2011 taxes online free   For tax-free educational assistance received in 2013, reduce the qualified educational expenses for each academic period by the amount of tax-free educational assistance allocable to that academic period. File my 2011 taxes online free See Academic period , earlier. File my 2011 taxes online free      Tax-free educational assistance includes:    Tax-free parts of scholarships and fellowships (see chapter 12 of this publication and chapter 1 of Pub. File my 2011 taxes online free 970), The tax-free part of Pell grants (see chapter 1 of Pub. File my 2011 taxes online free 970), The tax-free part of employer-provided educational assistance (see Pub. File my 2011 taxes online free 970), Veterans' educational assistance (see chapter 1 of Pub. File my 2011 taxes online free 970), and Any other nontaxable (tax-free) payments (other than gifts or inheritances) received as educational assistance. File my 2011 taxes online free Generally, any scholarship or fellowship is treated as tax-free educational assistance. File my 2011 taxes online free However, a scholarship or fellowship is not treated as tax-free educational assistance to the extent the student includes it in gross income (if the student is required to file a tax return) for the year the scholarship or fellowship is received and either: The scholarship or fellowship (or any part of it) must be applied (by its terms) to expenses (such as room and board) other than qualified education expenses as defined in Qualified education expenses in Pub. File my 2011 taxes online free 970, chapter 1; or The scholarship or fellowship (or any part of it) may be applied (by its terms) to expenses (such as room and board) other than qualified education expenses as defined in Qualified education expenses in Pub. File my 2011 taxes online free 970, chapter 1. File my 2011 taxes online free You may be able to increase the combined value of an education credit and certain educational assistance if the student includes some or all of the educational assistance in income in the year received. File my 2011 taxes online free For details, see Adjustments of Qualified Education Expenses, in chapters 2 and 3 of Pub. File my 2011 taxes online free 970. File my 2011 taxes online free Some tax-free educational assistance received after 2013 may be treated as a refund of qualified education expenses paid in 2013. File my 2011 taxes online free This tax-free educational assistance is any tax-free educational assistance received by you or anyone else after 2013 for qualified education expenses paid on behalf of a student in 2013 (or attributable to enrollment at an eligible educational institution during 2013). File my 2011 taxes online free If this tax-free educational assistance is received after 2013 but before you file your 2013 income tax return, see Refunds received after 2013 but before your income tax return is filed, later. File my 2011 taxes online free If this tax-free educational assistance is received after 2013 and after you file your 2013 income tax return, see Refunds received after 2013 and after your income tax return is filed, later. File my 2011 taxes online free Refunds. File my 2011 taxes online free   A refund of qualified education expenses may reduce qualified education expenses for the tax year or may require you to repay (recapture) the credit that you claimed in an earlier year. File my 2011 taxes online free Some tax-free educational assistance received after 2013 may be treated as a refund. File my 2011 taxes online free See Tax-free educational assistance, earlier. File my 2011 taxes online free Refunds received in 2013. File my 2011 taxes online free   For each student, figure the adjusted qualified education expenses for 2013 by adding all the qualified education expenses paid in 2013 and subtracting any refunds of those expenses received from the eligible educational institution during 2013. File my 2011 taxes online free Refunds received after 2013 but before your income tax return is filed. File my 2011 taxes online free   If anyone receives a refund after 2013 of qualified education expenses paid on behalf of a student in 2013 and the refund is received before you file your 2013 income tax return, reduce the amount of qualified education expenses for 2013 by the amount of the refund. File my 2011 taxes online free Refunds received after 2013 and after your income tax return is filed. File my 2011 taxes online free   If anyone receives a refund after 2013 of qualified education expenses paid on behalf of a student in 2013 and the refund is received after you file your 2013 income tax return, you may need to repay some or all of the credit that you claimed. File my 2011 taxes online free See Credit recapture, next. File my 2011 taxes online free Credit recapture. File my 2011 taxes online free    If any tax-free educational assistance for the qualified education expenses paid in 2013, or any refund of your qualified education expenses paid in 2013, is received after you file your 2013 income tax return, you must recapture (repay) any excess credit. File my 2011 taxes online free You do this by refiguring the amount of your adjusted qualified education expenses for 2013 by reducing the expenses by the amount of the refund or tax-free educational assistance. File my 2011 taxes online free You then refigure your education credit(s) for 2013 and figure the amount by which your 2013 tax liability would have increased if you had claimed the refigured credit(s). File my 2011 taxes online free Include that amount as an additional tax for the year the refund or tax-free assistance was received. File my 2011 taxes online free Example. File my 2011 taxes online free    You paid $8,000 tuition and fees in December 2013 for your child's Spring semester beginning in January 2014. File my 2011 taxes online free You filed your 2013 tax return on February 3, 2014, and claimed a lifetime learning credit of $1,600 ($8,000 qualified education expense paid x . File my 2011 taxes online free 20). File my 2011 taxes online free You claimed no other tax credits. File my 2011 taxes online free After you filed your return, your child withdrew from two courses and you received a refund of $1,400. File my 2011 taxes online free You must refigure your 2013 lifetime learning credit using $6,600 ($8,000 qualified education expenses − $1,400 refund). File my 2011 taxes online free The refigured credit is $1,320 and your tax liability increased by $280. File my 2011 taxes online free You must include the difference of $280 ($1,600 credit originally claimed − $1,320 refigured credit) as additional tax on your 2014 income tax return. File my 2011 taxes online free See the instructions for your 2014 income tax return to determine where to include this tax. File my 2011 taxes online free If you also pay qualified education expenses in 2014 for an academic period that begins in the first 3 months of 2014 and you receive tax-free educational assistance, or a refund, as described above, you may choose to reduce your qualified education expenses for 2014 instead of reducing your expenses for 2013. File my 2011 taxes online free Amounts that do not reduce qualified education expenses. File my 2011 taxes online free   Do not reduce qualified education expenses by amounts paid with funds the student receives as: Payment for services, such as wages, A loan, A gift, An inheritance, or A withdrawal from the student's personal savings. File my 2011 taxes online free   Do not reduce the qualified education expenses by any scholarship or fellowship reported as income on the student's tax return in the following situations. File my 2011 taxes online free The use of the money is restricted, by the terms of the scholarship or fellowship, to costs of attendance (such as room and board) other than qualified education expenses, as defined in Chapter 1 of Pub. File my 2011 taxes online free 970. File my 2011 taxes online free The use of the money is not restricted. File my 2011 taxes online free   For examples, see chapter 2 in Pub. File my 2011 taxes online free 970. File my 2011 taxes online free Figure 35-A. File my 2011 taxes online free Can You Claim an Education Credit for 2013? This image is too large to be displayed in the current screen. File my 2011 taxes online free Please click the link to view the image. File my 2011 taxes online free Figure 35-A. File my 2011 taxes online free Can You Claim an Education Credit for 2013? Prev  Up  Next   Home   More Online Publications