If your a student get $1500 back on taxes

[Barrak]

Hope Grant is great. If your at least half time and in the first 2 years of college (or tech school) you can get up to $1500 back. This is a return not a deduction. Go to the link and see if you qualify. I worked part time while going to school last year and I got every cent I payed during the year back, over $1200.

Even if you already have your taxes done if you qualify you can file an admenment and get the full refund. If you are still filed as a dependant of your parents then you parents can get the return. Please check this out, it is worth the few minutes to read it over.

I can answer basic questions about the grant, just ask or PM me.

-- If this works out for you, you can buy me a hot dog at the next Annual AnandTech Forum Picnic.

Matt <-- can eat tuns of hot dogs.

 

[Viper22]

I love the Hope Credit Though this is my final year that I can get it back which sucks but it is definatly nice.

Viper22

 

[FettsBabe]

Anyone is school should quailify...we need to push to have the rules changed. It helps people in their first two years, but others need it their 3rd and 4th too.

 

[Barrak]

FettsBabe there is another grant out there for years 3 and 4. It is not as good as Hope but it helps. To bad I cant remember what it is called. Call your local H&amp;R Block, they should be able to tell you what it is. It to is geared to mid to low income students.

 

[bigbootydaddy]

sweet their is?!?!? that will really help for that 3rd and 4th year.

heres a question

i went to school one semester...used hope.
took a semester off. (so only gone 1/2 year)
went the next semester. used hope.
going now (which is the semester after the above.) will use hope.
ive used 1.5 years right?? that off temrm doesnt count rgiht??

 

[Barrak]

BBD I would say yes. I cant find anywhere that it limits how many times you use it. I am NOT a tax expert though so I could be wrong.

I found the link for Lifetime Learning Credit Which is the program for years 3 and UP. Not as good as Hope but still very good for us poor folk.

 

[JMaster]

so how do I do it?

 

[bigbootydaddy]

save all your tuition receipts, if you do your own taxes i assume their is a form or at least a line item.

 

[Yzzim]

hey, thanks!
This could almost go in the Hot Deals forum j/k

 

[Barrak]

You should have gotten a form from your school called 1098-T that looks some what like a W-2. Bugg your school if you didnt get it get one.It would state that you were at least a half time student. Then you have to fill out form 8863 and attach it to your 1040.

Or you could to go H&amp;R Block like I did and have them to all the damn forms for you. It cost me $32 for them to take care of it. I can do simple tax forms but I was afraid I would miss checking one box and miss out on it.

 

[Barrak]

Hehe, Yizzm I wasnt sure so I posted it there as well.I know its a double post but... everyone should know about it

 

[yakko]

<< Anyone is school should quailify...we need to push to have the rules changed >>


Yeah they shouldn't give you anything extra back.

 

[paradox0521]

Cna you still get $$ for out of pocket expenses for your books? My tution is paid for by the state of California (grants), but books - man, they kill my credit card...

 

[Barrak]

paradox, yes, it includes all school expenses

 

[DesignDawg]

None of the school exemptions are valid for use by married students. --Which seems TOTALLY backwards to me.

RIcky
DesignDawg

 

[Barrak]

DD this one is, as long as your combined income is below a certain amount.

 

[IBhacknU]

got mine