Wednesday, February 15, 2012

Can i claim textbook fees on my taxes?

I am a student, and i have my own income taxes, but i also claim dependent on my parents taxes. can i claim the credit for my textbook costs on my taxes, or are they only applicable to my parent's taxes?Can i claim textbook fees on my taxes?
Books cannot be claimed as a creditCan i claim textbook fees on my taxes?
Only the American Opportunity Credit allows books to be an expense.

If your parents claim you, the credit is on their tax return, not yours. Give them the receipts.Can i claim textbook fees on my taxes?
tuition and fees are deductible, not books

who is receiving the 1098T, you or your parents?
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