Jeremiah is a full-time student, earns less than $30,000 a year, is earning a degree and is a dependent of his parents. Can he claim education tax deductions on his taxes? Yes, if his expenses are related to his studies and are necessary No, since he earns too much money to be able to qualify for these tax credits Yes, since he is a full-time student and earning a degree No, since he is still a dependent of his parents. They can claim the credit.

1 answer

In this case, Jeremiah cannot claim education tax deductions or credits on his own tax return because he is a dependent of his parents. While he may meet some of the requirements for education tax benefits (such as being a full-time student), the key factor here is his dependent status. Since his parents can claim the education tax credits, they would be the ones eligible for those benefits based on Jeremiah's qualified education expenses.

So, the correct answer is: No, since he is still a dependent of his parents. They can claim the credit.

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