3676043

child does not need tuition amount to lower tax paid, going to transfer to parent who has enough deductions not to have to pay, is this amount then wasted on parents tax

posted

1 Reply

child does not need tuition amount to lower tax paid, going to transfer to parent who has enough deductions not to have to pay, is this amount then wasted on parents tax

no transfer is required in this, tuition credit will be carried forward to future years to be used BY CHILD (after rollover , it cant be transferred to anyone)

©1997-2024 Intuit, Inc. All rights reserved.
Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

Security Certification of the TurboTax Online application has been performed by C-Level Security.

By accessing and using this page you agree to the Terms of Use.