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What Forms Do I Need To File My 2012 Taxes

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What Forms Do I Need To File My 2012 Taxes

What forms do i need to file my 2012 taxes Publication 551 - Introductory Material Table of Contents What's New Reminder IntroductionOrdering forms and publications. What forms do i need to file my 2012 taxes Tax questions. What forms do i need to file my 2012 taxes Useful Items - You may want to see: What's New Property acquired from a decedent who died in 2010. What forms do i need to file my 2012 taxes  Property acquired from a decedent dying in 2010 will no longer have an automatic increase in basis. What forms do i need to file my 2012 taxes See Publication 4895, Tax Treatment of Property Acquired From a Decedent Dying in 2010, for details. What forms do i need to file my 2012 taxes Reminder Photographs of missing children. What forms do i need to file my 2012 taxes  The Internal Revenue Service is a proud partner with the National Center for Missing and Exploited Children. What forms do i need to file my 2012 taxes Photographs of missing children selected by the Center may appear in this publication on pages that would otherwise be blank. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes Introduction Basis is the amount of your investment in property for tax purposes. What forms do i need to file my 2012 taxes Use the basis of property to figure depreciation, amortization, depletion, and casualty losses. What forms do i need to file my 2012 taxes Also use it to figure gain or loss on the sale or other disposition of property. What forms do i need to file my 2012 taxes You must keep accurate records of all items that affect the basis of property so you can make these computations. What forms do i need to file my 2012 taxes This publication is divided into the following sections. What forms do i need to file my 2012 taxes Cost Basis Adjusted Basis Basis Other Than Cost The basis of property you buy is usually its cost. What forms do i need to file my 2012 taxes You may also have to capitalize (add to basis) certain other costs related to buying or producing the property. What forms do i need to file my 2012 taxes Your original basis in property is adjusted (increased or decreased) by certain events. What forms do i need to file my 2012 taxes If you make improvements to the property, increase your basis. What forms do i need to file my 2012 taxes If you take deductions for depreciation or casualty losses, reduce your basis. What forms do i need to file my 2012 taxes You cannot determine your basis in some assets by cost. What forms do i need to file my 2012 taxes This includes property you receive as a gift or inheritance. What forms do i need to file my 2012 taxes It also applies to property received in an involuntary conversion and certain other circumstances. What forms do i need to file my 2012 taxes Comments and suggestions. What forms do i need to file my 2012 taxes   We welcome your comments about this publication and your suggestions for future editions. What forms do i need to file my 2012 taxes   You can write to us at the following address: Internal Revenue Service Business Forms and Publications Branch SE:W:CAR:MP:T:B 1111 Constitution Ave. What forms do i need to file my 2012 taxes NW, IR-6526 Washington, DC 20224   We respond to many letters by telephone. What forms do i need to file my 2012 taxes Therefore, it would be helpful if you would include your daytime phone number, including the area code, in your correspondence. What forms do i need to file my 2012 taxes   You can email us at taxforms@irs. What forms do i need to file my 2012 taxes gov. What forms do i need to file my 2012 taxes Please put “Publications Comment” on the subject line. What forms do i need to file my 2012 taxes You can also send us comments from www. What forms do i need to file my 2012 taxes irs. What forms do i need to file my 2012 taxes gov/formspubs/, select “Comment on Tax Forms and Publications” under “Information about. What forms do i need to file my 2012 taxes ”   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. What forms do i need to file my 2012 taxes Ordering forms and publications. What forms do i need to file my 2012 taxes   Visit www. What forms do i need to file my 2012 taxes irs. What forms do i need to file my 2012 taxes gov/formspubs to download forms and publications, call 1-800-829-3676, or write to the address below and receive a response within 10 business days after your request is received. What forms do i need to file my 2012 taxes  Internal Revenue Service  1201 N. What forms do i need to file my 2012 taxes Mitsubishi Motorway Bloomington, IL 61705-6613 Tax questions. What forms do i need to file my 2012 taxes   If you have a tax question, visit IRS. What forms do i need to file my 2012 taxes gov or call 1-800-829-1040. What forms do i need to file my 2012 taxes We cannot answer tax questions sent to either of the above addresses. What forms do i need to file my 2012 taxes Useful Items - You may want to see: Publication 463 Travel, Entertainment, Gift, and Car Expenses 523 Selling Your Home 525 Taxable and Nontaxable Income 527 Residential Rental Property 530 Tax Information for First-Time Homeowners 535 Business Expenses 537 Installment Sales 544 Sales and Other Dispositions of Assets 550 Investment Income and Expenses 559 Survivors, Executors, and Administrators 587 Business Use of Your Home 946 How To Depreciate Property Form (and Instructions) 706 United States Estate (and Generation-Skipping Transfer) Tax Return 706-A United States Additional Estate Tax Return 8594 Asset Acquisition Statement See How To Get Tax Help near the end of this publication for information about getting publications and forms. What forms do i need to file my 2012 taxes Prev  Up  Next   Home   More Online Publications
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What forms do i need to file my 2012 taxes 35. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes They are: The American opportunity credit, and The lifetime learning credit. What forms do i need to file my 2012 taxes The chapter will present an overview of these education credits. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes Can you claim more than one education credit this year?   For each student, you can choose for any year only one of the credits. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes Table 35-1. What forms do i need to file my 2012 taxes Comparison of Education Credits Caution. What forms do i need to file my 2012 taxes You can claim both the American opportunity credit and the lifetime learning credit on the same return—but not for the same student. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes   There are several differences between these two credits. What forms do i need to file my 2012 taxes These differences are summarized in Table 35-1, later. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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). What forms do i need to file my 2012 taxes Academic period. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes Eligible educational institution. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes S. What forms do i need to file my 2012 taxes Department of Education. What forms do i need to file my 2012 taxes It includes virtually all accredited public, nonprofit, and proprietary (privately owned profit-making) postsecondary institutions. What forms do i need to file my 2012 taxes The educational institution should be able to tell you if it is an eligible educational institution. What forms do i need to file my 2012 taxes   Certain educational institutions located outside the United States also participate in the U. What forms do i need to file my 2012 taxes S. What forms do i need to file my 2012 taxes Department of Education's Federal Student Aid (FSA) programs. What forms do i need to file my 2012 taxes Who can claim a dependent's expenses. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes Therefore, only that person can claim an education credit for the student. What forms do i need to file my 2012 taxes If a student is not claimed as a dependent on another person's tax return, only the student can claim a credit. What forms do i need to file my 2012 taxes Expenses paid by a third party. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes Therefore, you are treated as having paid expenses that were paid by the third party. What forms do i need to file my 2012 taxes For more information and an example see Who Can Claim a Dependent's Expenses in Pub. What forms do i need to file my 2012 taxes 970, chapter 2 or 3. What forms do i need to file my 2012 taxes Who cannot claim a credit. What forms do i need to file my 2012 taxes   You cannot take an education credit if any of the following apply. What forms do i need to file my 2012 taxes You are claimed as a dependent on another person's tax return, such as your parent's return. What forms do i need to file my 2012 taxes Your filing status is married filing separately. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes Your MAGI is one of the following. What forms do i need to file my 2012 taxes 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). What forms do i need to file my 2012 taxes 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) . What forms do i need to file my 2012 taxes   Generally, your MAGI is the amount on your Form 1040, line 38, or Form 1040A, line 22. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes For details, see Pub. What forms do i need to file my 2012 taxes 970. What forms do i need to file my 2012 taxes    Figure 35-A may be helpful in determining if you can claim an education credit on your tax return. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes You may be able to take the lifetime learning credit for part or all of that student's qualified education expenses instead. What forms do i need to file my 2012 taxes See Pub. What forms do i need to file my 2012 taxes 970 for information on other education benefits. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes It does not matter whether the expenses were paid in cash, by check, by credit or debit card, or with borrowed funds. What forms do i need to file my 2012 taxes For course-related books, supplies, and equipment, only certain expenses qualify. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes However, fees for personal expenses (described below) are never qualified education expenses. What forms do i need to file my 2012 taxes Qualified education expenses for either credit do not include amounts paid for: Personal expenses. What forms do i need to file my 2012 taxes This means room and board, insurance, medical expenses (including student health fees), transportation, and other similar personal, living, or family expenses. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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). What forms do i need to file my 2012 taxes 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). What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes Qualified education expenses for any academic period must be reduced by any tax-free educational assistance allocable to that academic period. What forms do i need to file my 2012 taxes See Adjustments to Qualified Education Expenses, later. What forms do i need to file my 2012 taxes Prepaid Expenses. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes See Academic period , earlier. What forms do i need to file my 2012 taxes 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). What forms do i need to file my 2012 taxes    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). What forms do i need to file my 2012 taxes Paid with borrowed funds. What forms do i need to file my 2012 taxes   You can claim an education credit for qualified education expenses paid with the proceeds of a loan. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes Treat loan payments sent directly to the educational institution as paid on the date the institution credits the student's account. What forms do i need to file my 2012 taxes Student withdraws from class(es). What forms do i need to file my 2012 taxes   You can claim an education credit for qualified education expenses not refunded when a student withdraws. What forms do i need to file my 2012 taxes No Double Benefit Allowed You cannot do any of the following. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes Claim more than one education credit based on the same qualified education expenses. What forms do i need to file my 2012 taxes 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). What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes See Adjustments to Qualified Education Expenses, next. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes The result is the amount of adjusted qualified education expenses for each student. What forms do i need to file my 2012 taxes Tax-free educational assistance. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes See Academic period , earlier. What forms do i need to file my 2012 taxes      Tax-free educational assistance includes:    Tax-free parts of scholarships and fellowships (see chapter 12 of this publication and chapter 1 of Pub. What forms do i need to file my 2012 taxes 970), The tax-free part of Pell grants (see chapter 1 of Pub. What forms do i need to file my 2012 taxes 970), The tax-free part of employer-provided educational assistance (see Pub. What forms do i need to file my 2012 taxes 970), Veterans' educational assistance (see chapter 1 of Pub. What forms do i need to file my 2012 taxes 970), and Any other nontaxable (tax-free) payments (other than gifts or inheritances) received as educational assistance. What forms do i need to file my 2012 taxes Generally, any scholarship or fellowship is treated as tax-free educational assistance. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 970, chapter 1. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes For details, see Adjustments of Qualified Education Expenses, in chapters 2 and 3 of Pub. What forms do i need to file my 2012 taxes 970. What forms do i need to file my 2012 taxes Some tax-free educational assistance received after 2013 may be treated as a refund of qualified education expenses paid in 2013. What forms do i need to file my 2012 taxes 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). What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes Refunds. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes Some tax-free educational assistance received after 2013 may be treated as a refund. What forms do i need to file my 2012 taxes See Tax-free educational assistance, earlier. What forms do i need to file my 2012 taxes Refunds received in 2013. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes Refunds received after 2013 but before your income tax return is filed. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes Refunds received after 2013 and after your income tax return is filed. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes See Credit recapture, next. What forms do i need to file my 2012 taxes Credit recapture. What forms do i need to file my 2012 taxes    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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 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). What forms do i need to file my 2012 taxes Include that amount as an additional tax for the year the refund or tax-free assistance was received. What forms do i need to file my 2012 taxes Example. What forms do i need to file my 2012 taxes    You paid $8,000 tuition and fees in December 2013 for your child's Spring semester beginning in January 2014. What forms do i need to file my 2012 taxes 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 . What forms do i need to file my 2012 taxes 20). What forms do i need to file my 2012 taxes You claimed no other tax credits. What forms do i need to file my 2012 taxes After you filed your return, your child withdrew from two courses and you received a refund of $1,400. What forms do i need to file my 2012 taxes You must refigure your 2013 lifetime learning credit using $6,600 ($8,000 qualified education expenses − $1,400 refund). What forms do i need to file my 2012 taxes The refigured credit is $1,320 and your tax liability increased by $280. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes See the instructions for your 2014 income tax return to determine where to include this tax. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes Amounts that do not reduce qualified education expenses. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes   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. What forms do i need to file my 2012 taxes 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. What forms do i need to file my 2012 taxes 970. What forms do i need to file my 2012 taxes The use of the money is not restricted. What forms do i need to file my 2012 taxes   For examples, see chapter 2 in Pub. What forms do i need to file my 2012 taxes 970. What forms do i need to file my 2012 taxes Figure 35-A. What forms do i need to file my 2012 taxes Can You Claim an Education Credit for 2013? This image is too large to be displayed in the current screen. What forms do i need to file my 2012 taxes Please click the link to view the image. What forms do i need to file my 2012 taxes Figure 35-A. What forms do i need to file my 2012 taxes Can You Claim an Education Credit for 2013? Prev  Up  Next   Home   More Online Publications